Latest
How to test if hedonic adaptation is eating your wealth
Forget the budget headlines: here are the two simple questions that reveal if lifestyle creep is quietly eroding your income.
The ‘sweet spot’ super strategy that makes $10,000 grow to $354,520
Savvy parents are using low-income superannuation rules to secure a $500 government co-contribution, giving their teenagers a major financial head start.
Super system should evolve without re-engineering by government
The strength of the super system will now be judged by how effectively it ensures that retirees have a sustainable, reliable stream of earnings to draw down on.
Budget’s nasty CGT surprise for Australians doing a stint overseas
Working in London, New York or other global financial centres is a rite of passage for many local executives, but one that will soon come with a tax penalty.
Should I sell now to dodge the new CGT discount rules, or hold off?
Investors wondering which capital gains tax discount system will give them the lowest tax outcome will need to consider a number of variables.
The fight for the family farm is now splitting heirs
Lawyers are bracing for a surge in family rural disputes as soaring property prices and city careers reshape what the next generation want to do with their inheritance.
Wealthiest Australians
Fasting, coffee and no chores: A Young Rich Lister’s success formula
Oscar Ledlin reveals the secrets of his success, including where his best ideas come from, his morning routine and the advice he almost always ignores.
Active funds management’s great unravelling has hit Peter Cooper hard
His company, which once managed $14 billion, is being ravaged by underperformance and is also dealing with high staff turnover and external forces.
Geoff Wilson’s $120m property windfall enabled by Labor
Even better, any transaction should be complete before Jim Chalmers’ capital tax changes go through.
This Month
Look up, not out for negative gearing after the budget
The budget limited negative gearing to new build properties, but that doesn’t mean you need to buy in a greenfield site on the city fringe.
These five disasters show how the bank of mum and dad can go wrong
Estrangements, different recollections of what was agreed on, and handshake deals are just some of the risks parents face when lending money to adult children.
Trusts rollover relief a ‘postcode lottery’ that could cost millions
For families who restructure their affairs, Treasury’s new tax on discretionary trusts could cost millions in state-based stamp duty.
I plan to retire soon. Should I move $1m from outside super into my fund?
Whether you should put all your savings into super and whether an SMSF is the best place for a high balance depends on various factors and needs careful thought.
Three simple investing mistakes that limit high earners’ wealth
James Smith has been advising wealthy families for 30 years. There are three mistakes he sees constantly – regardless of the generation.
A new financial year checklist for SMSFs
July is an opportune time to review and reset your self-managed super fund for the year ahead.
1.4m business owners will retire by 2036. 33pc have no succession plan
Delaying succession planning could result in court disputes and relationship breakdowns, experts warn. Here’s how to do it well.
Wealth tweaks to consider for every age in the new financial year
The recent federal budget has altered many strategies. If you are taking stock, here is what to do at each stage of life.
Why the new $10m CGT small business threshold won’t help your super
The higher turnover test applies to only one of four small business concessions, leaving the rules that allow extra funds into super completely unchanged.
Should you buy an investment property after the budget changes?
New restrictions on negative gearing and capital gains tax alter the appeal of residential property. Here’s what to consider next.
Secret backer in Wright family feud appeals millions in court fees
Solicitor Ian McGregor Thom signed a deed promising assistance to iron-ore heir Julian Wright in return for a substantial share of any win.
How to make a four-day work week stack up financially
On a $150,000 salary, you need a $600,000 portfolio to permanently fund a three-day weekend. Here is how the tax and investment calculations work.
How the great wealth transfer is rewriting the investment playbook
Tens of trillions of dollars are moving between generations and younger heirs feel little loyalty to traditional advisers.
Maths and Macquarie magic lie behind Bell Potter’s next chapter
Bell Financial Group’s big push into wealth management is built on demographics and a Macquarie-like strategic shift.
How to make the most of your peak earning years
Champion jockey Zac Purton is in a race against time to turn his multimillion-dollar salary into lifelong wealth. This is what he’s doing.
June
11 key tax, super and other financial changes that begin on July 1
From revamped thresholds for high earners to major changes to superannuation, here are the critical adjustments set to reshape your personal finances from July 1.
Offset account or index fund? How homebuyers should save for an upgrade
Risk, tax and your time horizon are just some of the considerations you should take into account when assessing the best way to build your next home deposit.
‘No time’: SMSF property loan ban leaves investors stranded
SMSF property investors have been left scrambling after the last minute-borrowing ban, which some say will unfairly impact everyday Australians trying to get ahead.
Why testamentary trusts just became the new tax superstars
The exemption for testamentary trusts means it is still possible to get significant tax benefits and robust asset protection in one structure.
Labor’s rushed SMSF borrowing ban snares commercial property
The legislation targeting residential property has inadvertently trapped mixed-use assets and vacant commercial land.
