
Andrew Hobbs
Wealth reporter at Australian Financial Review
Ex-Kojonup and Perth, now Melbourne. Journalist (Not from the Financial Review). Personal account. Views my own but am willing to share.
Articles
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3 days ago |
afr.com | Andrew Hobbs |Jessica Penny
It’s the ultimate measure of wealth. A dedicated team focused entirely on managing your money for the long term to build a legacy that will secure your financial future for generations to come and even give some broader purpose to that wealth. We are talking about family offices, and with the wealthiest Australians getting richer, there is a boom underway. The latest numbers show there are at least 2000 family offices in Australia, after growth of 150 per cent over the past decade. Loading...
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2 weeks ago |
afr.com | Andrew Hobbs
You would need $10 billion in superannuation to pay an effective tax rate of 15 per cent under Labor’s new levy on big balances known as Division 296 tax, analysis shows. But other modelling suggests the tax sting could be as high as 46.52 per cent for some individuals when Division 296 is added to the existing 15 per cent tax on super earnings. Loading...
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2 weeks ago |
afr.com | Andrew Hobbs
Jun 10, 2025 – 5.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Anyone with less than $500,000 in superannuation can claim an easy tax deduction of as much as $44,400 before June 30, but that is just one of the many reasons people should review their super plan before the end of the financial year.
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3 weeks ago |
afr.com | Andrew Hobbs
The massive surge in Commonwealth Bank shares in the past couple of years has huge implications for millions of Australians, even for people like me, who have never bought a single CBA share. That’s because, like a growing number of people, I inherited a slice of CBA shares when my father died. Loading...
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1 month ago |
afr.com | Andrew Hobbs |Michelle Bowes
May 20, 2025 – 5.14pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Labor says it has “no intention” to cave to demands by the Greens that self-managed superannuation funds (SMSFs) be banned from speculative property investment in exchange for the party’s support on the $3 million super tax.
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