Superannuation

Rare pink diamond to fetch $76 million

This rare diamond, known as The Pink Star, is about to go under the hammer. Picture: Anthony Wallace A RARE plum-sized pink diamond is expected to break the world record for a gemstone it goes under the hammer in Hong Kong on Tuesday. The 59.60-carat “Pink Star” is the largest …

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Superannuation

‘Stupid’: Housing plan slammed

First homebuyer Kyle Carless, 21, waits in line with grandfather Gary Carless, to talk to agents at a Mirvac apartment sales suite at Olympic Park in Homebush, Sydney. Picture: Brianne Makin YOUNG people may soon be able to access their superannuation to help buy their first home, as part of …

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Superannuation

Fatten your super before July 1 hits

Follow David Koch’s tips to help grow your nest egg The clock is ticking to make the most of retirement savings before the July 1 super changes. BIG changes to superannuation are approaching quickly, and savers should consider strategies now to prevent losses and avoid missing out on gains. While …

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Superannuation

Woolworths faces $100 million lawsuit

Woolworths is facing a class-action over its 2015 profit downgrade. WOOLWORTHS is facing a class-action lawsuit over a 2015 share price plunge sparked by a shock profit downgrade. Law firm Maurice Blackburn, which has opened an online registration portal for aggrieved shareholders to sign up, says the claim could well …

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Superannuation

Is your do-good super fund bad for you?

Young workers following their best intentions could be ending up with some of the most expensive deals in superannuation, industry sources are warning. YOUNG Australians wanting their superannuation savings put to good use might be heading to low-funded retirements, sections of the industry are cautioning. The marketing of “ethical” superannuation …

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Superannuation

Ramsay won’t leave fortune to kids

Gordon Ramsay tries his best with the rampant Amy of ‘Amy’s Baking Company’ who believes the customer isn’t always right. Vision courtesy: FOX Gordon Ramsay and his daughter, Holly Anna Ramsay, attend the 2017 Elton John AIDS Foundation Academy Awards Viewing Party in West Hollywood, California, on February 26, 2017. …

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Superannuation

Super savings used to reduce debt

David Koch explains the steps needed to ensure a smooth ride into retirement Aussies are dipping into their super savings to help fund holidays, renovations or pay down debt. A GROWING number of cash-strapped Australians are withdrawing lump sums from their superannuation savings to splash out on home renovations, holidays, …

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Superannuation

Public servant claims $3.3m Lotto haul

IMAGINE sitting at your desk all morning with no idea that you’d just become Australia’s newest multi-millionaire. That’s what happened to a mystery winner of last night’s Oz Lotto, who was in the middle of what had seemed to be an ordinary Wednesday when her world was transformed. The Canberra …

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Superannuation

War widow’s $18,000 Centrelink debt

A TRIBUNAL has criticised Centrelink over its handling of the case of a war widow accidentally overpaid more than $18,000. As the Senate Inquiry into the separate, robo-debt controversy gets underway, the administrative appeals tribunal has published a scathing decision calling on the agency to upgrade its systems after handling …

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Superannuation

Secret to winning on stock market

You don’t have to be the Wolf of Wall Street to make money on the stock market. Picture: Paramount WHEN most people think about the share market, they envisage a world where investors try to pick which stocks or mutual funds will finish ahead of the pack. It sounds great …

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