Home
Search
thewest.com.au
BusinessChevron Right Icon

Your Money

The corporate regulator has warned payday lenders may be breaching consumer protection laws.

ASICCommentsPayday lenders come under corporate regulator’s spotlight

The corporate regulator has raised the alarm on payday lenders breaching consumer laws by moving vulnerable borrowers to higher loans that provide them with fewer protections.

Cheyanne Enciso

Members of the Millennium Kids youth board, Josh Plummer, 19, Bella Poll, 21, and Eva Czislowski, 19.

Your MoneyCommentsPremiumCrippling cost of living weighs down on young people

The lion’s share of young Australians say the cost of living crisis is one of the biggest issues in the country today, according to dire findings.

Kim Macdonald

In the case of 752 members, ASIC also alleges AustralianSuper — which manages $365 billion in member funds — failed to pay benefits as soon as practicable after the member’s death.

updated
updated
GovernanceComments
updated
Super giant sued over staggering death payout delays

The corporate regulator is taking Australia’s biggest superannuation fund to court over staggering delays to death benefit payouts for the families of almost 7000 people.

Neale Prior and Daniel Newell

Share markets began falling amid worries about economic instability and even trade wars as the result of Donald Trump’s aggressive agenda.

MarketsCommentsHow Trump tariff fears are shredding you super savings

President Donald Trump’s tariff turmoil is hurting Australia’s retirement savings as plunging shares erode super balances.

Neale Prior

Sometimes it really is the simple things that make all the difference.

Your MoneyCommentsPremiumSelf-care the first stop on road to financial wellbeing

And when it comes to personal finance — now that it’s March, why not stop and take a moment to review the goals you set for yourself at the start of the year. 

Sarah Wells

An eligible couple could collect almost $47,000 a year for life, freeing up their Australian superannuation savings for fun stuff instead of generating a retirement income. Here’s how to get money for jam!

Your MoneyCommentsPremiumBig change in rules to get yourself a $470-a-week UK pension

An eligible couple could collect almost $47,000 a year for life, freeing up their Australian superannuation savings for fun stuff instead of generating a retirement income. Here’s how to get money for jam!

Nick Bruining

Emperor Augustus set up a scheme for Roman soldiers more than 2000 years ago to ensure they retired while still strong and healthy, and would be less likely to cause trouble. Russell Crowe’s fictional character, a former Roman soldier, in The Gladiator likely could have qualified.

Your MoneyCommentsPremiumA brief history on the origins of the age pension

Over the ages, there have been broadly three reasons why people have retired. But where did the idea of retirement come from? And how was it handled in ancient times? It’s a fascinating history lesson!

Anthony Asher

There are now four lenders offering first-time homebuyers 40-year mortgages. The dangers of taking on extra debt, albeit over an extra decade, may be the only option for those shut out of the house price boom.

Your MoneyCommentsPremiumSeriously, a 40-year mortgage? For some, it’s the only way

There are now four lenders offering first-time homebuyers 40-year mortgages. The dangers of taking on extra debt, albeit over an extra decade, may be the only option for those shut out of the house price boom.

Daniel Newell

Considering using superannuation savings to clear the mortgage? Isn’t that money better left in the fund to grow? There’s a few important factors to remember, and why one option beats the other.

Bruining Q+ACommentsPremiumSuper or the mortgage? Yes, there is a clear winner

Q+A: Use superannuation savings to clear the mortgage? But isn’t that money better left in the fund to grow? There’s a few important factors to remember, and why one option beats the other.

Nick Bruining

Aussies are going out and spending more, new research shows. NewsWire / Simon Bullard.

FINANCEPremiumGreen shoots as household spending rises in January

Aussie households are spending more on one thing, lifting consumer spending, new data has revealed.

Cameron Micallef

She’s since proved a crafty one and has cottoned on to my plan — which was to let the cans pile up across multiple boxes when the money was due to go to the ETF. 

Your MoneyCommentsPremiumHelp! My daughter’s on to my sly forced savings strategy

How much financial knowledge is too much? I’ve found it depends on age. But when it comes to getting her hands on a few gold coins, god help anyone who dares to stand in my daughter’s way.

Daniel Newell

Investors reacting to White House policies are just as likely to get burnt short term as to be able to bank a win. So, how do you play the market when Trump is causing chaos at every turn?

DebtManPremiumHow to invest in the stock market in time of Trump

Investors reacting to White House policies are just as likely to get burnt short term as to be able to bank a win. So, how do you play the market when Trump is causing chaos at every turn?

Bruce Brammall

Lucky enough to get an overseas pension? Good for you. Think you can just hide it away in an overseas bank account and use it to fund holidays while abroad? Centrelink will tell you, that’s a really dumb idea.

Nick BruiningCommentsPremiumWhy trying to hide an overseas pension is a really dumb idea

Lucky enough to get an overseas pension? Good for you. Think you can just hide it away in an overseas bank account and use it to fund holidays while abroad? Centrelink will tell you, that’s a really dumb idea.

Nick Bruining

What if you could tap into your superannuation savings early to pay off big debts such as your mortgage but also keep working? It’s a common, tax-effective strategy. Here’s how it works ...

Your MoneyCommentsPremiumUnlock super to pay off your mortgage AND keep working

What if you could tap into your superannuation savings before you retire to pay off big debts such as your mortgage ... but also keep working? It’s a common, tax-effective strategy. Here’s how it works ...

Nick Bruining

Worried you’re about to be scammed? Here’s some things to remember about what government departments will ask you and the steps to follow so you don’t lose your life savings.

Bruining Q+ACommentsPremiumHow to beat the Centrelink pension scammers

Q+A: Worried you’re about to be scammed? Here’s some things to remember about the limits on what government departments will ask you and the steps to follow so you don’t lose your life savings.

Nick Bruining

Not Supplied

NewsMajor Centrelink changes coming for millions

Millions of Aussies will have more money in their pockets next month, with Centrelink support payments boosted to keep up with inflation.

Duncan Evans and Holly Truelove

The confluence of our modern responsibilities, coupled with the escalating costs of living, creates fertile ground for the weight of bills, debts and seemingly unattainable savings goals to grow into an insurmountable burden.

Your MoneyCommentsPremiumFinancial burnout is real, and it’s a growing problem

In an era defined by relentless pressures and the demand to achieve more with diminishing resources, a subtle yet pervasive phenomenon is taking hold: financial burnout. Here’s how to fight back.

Sarah Wells

The transfer balance cap is the amount of money that can be transferred from superannuation in the taxed accumulation phase to the tax-free retirement or pension phase. 

Your MoneyCommentsPremiumTwo million reasons to celebrate if you’re near retirement

It’s been all but confirmed — Australians are set to see a $100,000 increase in the amount of money they can invest in an environment that’s completely tax-free. Here’s how to take advantage of the new limit.

Nick Bruining

The RBA has finally cut interest rates, and now is the time to hassle your bank for a better home loan deal. And there’s one magic number they want to hear that could get you a cracking new rate.

Your MoneyCommentsPremiumThis magic number will get you a super home loan rate

The RBA has finally cut interest rates and now is the time to hassle your bank for a better home loan deal. And there’s one magic number they want to hear that could get you a cracking new rate.

Nick Bruining

WA’s coveted GoldState superannuation scheme for public sector workers offers government-backed returns. But an adviser’s suggestion for shift the bulk of a former teacher’s savings seems a risky strategy.

Bruining Q+ACommentsPremiumStop! Do not let that money adviser touch your life savings

Q+A: WA’s coveted GoldState superannuation scheme for public sector workers offers government-backed returns. But an adviser’s suggestion to shift the bulk of a former teacher’s savings seems a risky strategy.

Nick Bruining

The economies of scale from being in a couple don’t just help when it comes to travelling. With the number of one-person households on the rise, the ‘singles tax’ is staring to hurt, particularly solo parents.

Flying soloCommentsPremiumRising number of singles counting the cost of going it alone

The economies of scale from being in a couple don’t just help when it comes to travelling. With the number of one-person households on the rise, the ‘singles tax’ is staring to hurt, particularly solo parents.

Alicia Bubb and Sarah Sinclair

The value of Australia's pension assets is expected to rise the second highest in the world. (Jane Dempster/AAP PHOTOS)

SuperPremiumAustralian retirees tipped to join world's wealthiest

Australian pensioners are tipped to be among the richest in the world by 2030 as Australian superannuation funds representatives head to a US summit.

Melissa Meehan

AustralianSuper members lost $69 million over a decade through having multiple accounts. (Dean Lewins/AAP PHOTOS)

Your MoneyCommentsAustralianSuper cops fine over $69m duplicate accounts bungle

A Federal court judge has fined AustralianSuper $27 million after it admitted to contravening the Superannuation Act over members’ duplicate accounts.

Tara Cosoleto

At last, after the harshest rate-hiking cycle in a generation, there’s finally a reason to rejoice. Home loan customers are about to get mortgage relief. Here’s how much you can expect to save each month ...

Your MoneyCommentsHere’s how much you’ll save after today’s rate cut

At last, after the harshest rate-hiking cycle in a generation, there’s finally a reason to rejoice. Home loan customers are about to get mortgage relief. Here’s how much you can expect to save each month ...

Daniel Newell