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Jan 8, 2025 | 
moneymag.com.au | Jennifer Brookhouse |Rodney Horin |Jamie Williamson
A catch-up with close relatives over the holiday season can always spring a few surprises but what happens when that surprise is a newfound understanding of an older relative's age-related vulnerability and health? A family gathering with older family members over the holiday season might have been the first time you realised they need additional support. Starting a conversation about future care needs can save on confusion and worry down the track.
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Oct 1, 2024 | 
moneymag.com.au | Paul Clitheroe |Michelle Baltazar |Melisa Sloan |Jamie Williamson
Dear Paul,With people living longer and putting increased pressure on the age pension, why would our government not be inclined to encourage parents by various means to set up superannuation accounts for their children from birth? We know compound interest is our friend, so rather than buying an investment property for the kids to inherit down the track, which many people can't afford anyway, would not putting, say, $15,000 into a super fund under the child's name be a better plan?
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Sep 27, 2024 | 
moneymag.com.au | Dale Gillham |Thomas Wickenden |Jamie Williamson
Negative gearing has resurfaced in political discussions, with Prime Minister Anthony Albanese suggesting that the Treasury might be reconsidering this long-standing property tax incentive. However, Labor's bruising loss in the 2019 election still lingers, making it difficult to envision the government taking the gamble of upsetting property investors-particularly with the current housing crisis that we're in. Politically, it seems like an improbable move.
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Sep 26, 2024 | 
moneymag.com.au | Jamie Williamson |Michelle Baltazar |Melisa Sloan |Nicola Field
Global trading and investment platform eToro is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. The Spaceship name and brand will remain in place. Under the deal, eToro will take over ownership of Spaceship Super, which merged to become a sub-plan of OneSuper earlier this year.
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Sep 11, 2024 | 
moneymag.com.au | Jamie Williamson |Nicola Middlemiss |Nicola Field
Insurers will no longer be able to use genetic test results to deny life insurance cover or increase premiums, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance policies, looking to address concerns around discriminatory practices, underinsurance, and a growing aversion among Australians to seeking possibly life-saving genetic testing.
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Aug 15, 2024 | 
moneymag.com.au | Nicola Field |Jamie Williamson |Anthony O'Brien
Corporate cop sues ASX, four out of five small businesses not ready to go cashless, and big telcos delay 3G shutdown. Here are five things you may have missed this week. It's probably not what the ASX needs right in the middle of the company reporting season, but our stock exchange operator - ASX Limited (itself a listed company), is being sued by corporate watchdog ASIC. ASIC alleges that ASX made misleading statements regarding its CHESS (clearing house) replacement project.
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Jul 25, 2024 | 
moneymag.com.au | Dale Gillham |Chris Batchelor |Jamie Williamson
With the FDA recently accepting Mesoblast's (ASX: MSB) Biologics License Application, which is good news, a significant bump in the share price might be on the horizon. So, is now the moment to take a punt on the prospect of a positive outcome, or could regulatory scrutiny push this company towards penny stock status, given the critical importance of FDA decisions?
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Jul 23, 2024 | 
moneymag.com.au | Chris Batchelor |Tom Watson |Tony Sycamore |Jamie Williamson
Brambles (ASX:BXB) does pallets well. It does pallets very well. It is a very focused business, on this one, rather dull, component of the supply chain. Pallets are 1.1m x 1.1m wooden platforms that are used to stack goods so that they can then be conveniently loaded onto trucks and transported to warehouses, stores and so on. Pallets form an integral part of the logistics supply chain for fast-moving consumer goods, fresh produce, retail and general manufacturing.
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Apr 18, 2024 | 
moneymag.com.au | Jamie Williamson |Tom Watson |Jeremy Lack
Seven years on from its launch, Spaceship Super is being merged into a larger offering. Following a due diligence process, Spaceship's trustee Diversa has chosen to undertake a successor fund transfer that will see Spaceship become a sub-plan of OneSuper. Spaceship and Diversa said the decision has been made because they are "passionate about delivering strong member outcomes for all Spaceship Super members".
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Apr 17, 2024 | 
moneymag.com.au | Andrew McKean |Jamie Williamson
ASIC has taken legal action against three blockchain mining companies - NGS Crypto, NGS Digital, and NGS Group - along with their sole directors Brett Mendham, Ryan Brown and Mark Ten Caten. The corporate regulator has accused the NGS companies of targeting Australian investors, encouraging them to invest in blockchain mining packages with fixed-rate returns.
