Australia’s entire economy is built on housing, and operates on a “myth” that we can keep generating wealth by constantly inflating housing prices, argues the head of Australia’s largest super fund.
Have a US and AUD portfolio and looking for a netter tool for metrics and forecasting. Snowball is good but doesn’t account for things like CGT and Franking but has excellent dividend forecasting (at least in USD, the AUD div forecasting seems a bit flaky)
One of the country’s leading tax experts says the explosion in housing wealth has put Australia on the path towards a neo-feudal society where your prosperity depends in large part whether your parents own land or property.
Officially old and turned 60 recently, I have investment income outside Super (no formal job) so I contribute voluntary concessional contributions in order to claim a tax deduction on that income earned outside Super.
All middle power and developing nations should be in favour of this. Even the g
Gulf States would benefit from not being under the economic yoke of USD hegemony.
Australians are increasingly taking out home loans later in life as higher property prices delay first-home buyers getting into the market — with some analysts warning it could lead to post-retirement mortgage pain.
Avantis Investors, a subsidiary of American Century Investments, has launched the Avantis Small Cap Value Active ETF (AVTS), Avantis Global Equity Active ETF (AVTG), and Avantis Emerging Markets Equity Active ETF (AVTE) in the Australian market.
Graham Cooke, the head of consumer research at Finder, says that means most mortgage borrowers with variable loans should already be on an interest rate of 5.5 per cent or less.
In a market where milliseconds matter, even a minor error can have major consequences. But this latest mistake shows the ASX faces a credibility crisis.
"The rise in international student numbers is likely to have accounted for only a small share of the rise in rents since the onset of the pandemic, with much of the rise in advertised rents occurring before borders were reopened."
An Australian has made a heartfelt plea for fighting to end in the Middle East, saying a global war could wreak havoc on innocent financial investments and superannuation accounts.
[...] the number of businesses in Australia listed on the stock exchange is declining. This has been described as the worst public offering drought “since the global financial crisis”.
We’re working on setting up the ability to spend money easily in Australia. We’re looking at Wise for transfers and starting to live in Aus. As we roll into collecting pay, are there any banks or credit unions that are recommended or actively discouraged from using?
The battle for control of listed brokerage Selfwealth (ASX: SWF) has expanded into three-way affair after the owner of the Syfe wealth management platform indicated it was willing to pay $65 million for a full takeover.
The number of companies on our stock exchanges is declining, as big, privately run funds take over established companies and increasingly provide capital for new startups.
US President Donald Trump says he will announce new 25 per cent tariffs on all steel and aluminium imports into the US, including from Australia, which would come on top of existing metals duties in another major escalation of his trade policy overhaul.
Grattan's modelling shows that Australians who draw down their super at the minimum rate when they retire will leave the equivalent of 65 per cent of their original super balance unspent by the age of 92.
But in their new estimates, published last week, they say those super tax concessions will now cost the government $59.5 billion in 2025-26, which is $9.4 billion more than they were forecasting in January.
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