Articles
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Oct 3, 2024 |
moneymag.com.au | Nicola Field |Michelle Baltazar |Melisa Sloan
Long-awaited rate cut could see home prices jump $15,300, new crackdown on shrinkflation, and the number of Aussie women who invest has jumped at twice the rate of men. Here are five things you may have missed this week. Consensus is growing that the next move for interest rates will be down, with Westpac and NAB both predicting rates to fall in the first half of 2025. The Commonwealth Bank expects a rate cut in time for Christmas. Lower rates can't come soon enough for many home owners.
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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 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 24, 2024 |
moneymag.com.au | Michelle Baltazar |Tom Watson |Chris Brycki |Melisa Sloan
Published Are you getting the best deal from your bank? Open banking is set to transform the Australian banking industry, putting power back in your handsMaxime Chaury, co-founder of Upworth and open banking specialist, joins Money's Michelle Baltazar together they reveal how to make your money work harder under the new financial landscape. Are we getting the most out of our banks? What exactly is open banking? How can you harness its power to take control of your finances?
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Sep 19, 2024 |
moneymag.com.au | Nicola Field |Michelle Baltazar |Melisa Sloan |Vita Palestrant
Home sellers pocket record profits, $17.8 billion in unclaimed super, and unruly airline passenger slugged with $8630 fuel bill. Here are five things you may have missed this week. So much for winter being a quiet time in real estate. Almost every (94.5%) homeowner who sold their place in the June quarter made a profit on sale, with the median gain being $285,000.
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