Personal Finance

One adviser for every 10,000 industry members.

Personal FinanceOne adviser for every 10,000 members: Super’s advice problem

Industry funds have nearly doubled the money they manage while adviser ranks have plunged, forcing a rethink of how millions of Australians can get help with their retirement savings.

Ryan Johnson

updatedBHP workers’ huge move over pay dispute

Failed pay talks have pushed BHP’s Pilbara port workers to strike this weekend, threatening the mining giant with $120m in lost revenue per day.

Cameron Micallef

TRAVELQantas’ plan to send 1k jobs overseas

The airline once fined $90m for illegally axing workers is now eyeing up to 1000 more job cuts as it races to embrace artificial intelligence.

Cameron Micallef

FINANCEHalf a million teenage workers losing $411m in super

New modelling has found one group of Aussie workers are losing out on millions in superannuation because of an ‘outdated’ rule.

Ria Pandey

NewsMiner dies at Aussie coal mine

A miner has died at the United Wambo Open Cut mine in the NSW Hunter Valley.

Emma Kirk

EXCLUSIVE‘Death by 1000 cuts’: Gen Z’s cost crunch

Nearly six in 10 Gen Z Australians are juggling bills before payday as a youth charity founder warns financial stress is now a systemic crisis.

Cameron Micallef

The best overall returns are generally offered by the online accounts, and can’t be accessed by walking into your local branch.

Your MoneyThe best savings rates and where to find them

While investors have been warned to be wary of private credit funds, there’s still reasonable money to be made parking your cash in bank accounts. You just need to know where to look.

Nick Bruining

Free share trades can still come at a cost, with currency fees, exit charges and lost interest quietly clipping investors’ returns.

Your MoneyThis is real cost of those ‘free’ share trades

Online brokers are luring Australians with ‘free’ trades but hidden charges can sting when investors buy, sell or venture overseas.

Ryan Johnson

There is now a collective $4.5 trillion sitting in superannuation. So why do we feel so unprepared. Retirement used to be an event. A date. A destination. Increasingly, that’s not how it works anymore.

DEBTMANThe retirement rule book is changing ... and so should you

DEBTMAN: There is now a collective $4.5 trillion sitting in superannuation. So why do we feel so unprepared? Retirement used to be an event. A date. A destination. Increasingly, that’s not how it works anymore.

Bruce Brammall

Your MoneyAdvisers urge investors to reduce exposure to private credit

The corporate regulator and many advisers are now warning investors to ensure they fully understand the significant risks of supporting high income-paying investment funds.

Nick Bruining

Shifting money away from being an assessable asset can help you meet thresholds and get yourself a bigger Centrelink pension. Here’s what you need to know ...

Bruining Q+AShifting gear on your car loan can get you a bigger pension

Q+A: Shifting money away from being an assessable asset can help you meet thresholds and get yourself a bigger Centrelink pension. Here’s what you need to know ...

Nick Bruining

Anthony Albanese has been accused of ‘hypocrisy’ after failing to remove special envoy and Solomon MP Luke Gosling.

POLITICS‘Hypocrisy’: Albo lashed after MP charged

Anthony Albanese has been lashed after failing to stand down a special envoy after the Northern Territory MP was charged with attacking a public official.

Nathan Schmidt

CrimeTeen in alleged pepper spray attack

A teenager is alleged to have threatened to steal a rideshare driver’s car before showering him with pepper spray, police have said.

Emma Kirk

BusinessCouncil member accused of stealing snacks, referred to police

A city councillor facing uproar over revelations she took snacks from the council lounge has been referred to authorities yet again.

Kate Stephenson

Victorian Labor has concluded its internal battle, but the bigger fight is lurking just around the corner. Jack Nivison / NewsWire

POLITICSWhy Victorian Labor has got it all wrong

Victorian Labor’s following a tried and tested path of state election failure if history is anything to go by after a turbulent week.

Jack Nivison

EXCLUSIVEWhy Gen Z is ditching 9-to-5 jobs

Australians are changing the way they work, with Gen Z leading a growing shift away from the traditional 9-to-5 work day.

Cameron Micallef

Unions are threatening to stop work at BHP’s Pilbara operations in a pay dispute. NewsWire / Brenton Edwards

UPDATED‘Fed up’: Unions’ $120m threat to BHP

Unions have threatened strike action against BHP saying it’s time to put an end to “delay, distract and waste time” negotiation tactics.

Cameron Micallef

AT WORKNew Vic premier signals huge WFH shake-up

Just three days into the top job, Victoria’s new Premier has flagged a potential upset in the fight for worker’s rights to work from home.

Kate Stephenson

The bank’s so-called ‘watch loans’ increased by 8 per cent over the quarter.

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Banking
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NAB mortgage applications tumble in ‘challenging’ market

The fall is a further sign of a slow-down in Australia’s housing market and lingering concerns about the Albanese Government’s radical shake-up of property tax rules.

Daniel Newell

Treasurer Jim Chalmers welcomed the ‘encouraging’ news on inflation. NewsWire/ Tertius Pickard

NEWS‘No smoking gun’: Major bank’s call on rates

Australia’s inflation rate has fallen – but economists say households won’t feel relief until this time next year.

Cameron Micallef

AT WORKMan fails in bid for full-time WFH

A man who tried to convince his boss he should be able to work from home full-time to care for his unwell child has lost his fight.

Angie Raphael

Mortgage holders could be missing their offset payments due to bank errors. NewsWire / Nicholas Eagar

UPDATEDMajor call after $55m ripped from homeowners

Major banks have been forced to repay $55m to Aussie mortgage holders after an error meant borrowers were being “doubly hit”.

Cameron Micallef

POLITICSAndrews breaks silence after Jacinta coup

The controversial premier who led Victoria through the Covid pandemic has given his perspective on the ousting of his protege Jacinta Allan.

Jack Nivison

Mortgage offset accounts have been found to be unlinked costing borrowers thousands of dollars in extra interest.

ASICBank error that could be costing you thousands on mortgage

Tens of thousands of homeowners have unwittingly spent too much on their mortgage after some of the country’s biggest banks failed to properly link their offset accounts.

Ryan Johnson

Personal Finance