Superannuation

China boosts a2 Milk sales to $525 million

THE a2 Milk company’s third-quarter sales have beaten expectations as Chinese and Australian demand outstripped the milk marketer’s projections. The Auckland-based, Sydney-headquartered company forecasts revenue of $525 million in the year ending June 30, up 49 per cent from $352.8 million a year earlier, it said in a statement. a2 …

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Superannuation

This diary just sold for close to $1 million

JFK’s diary has sold for close to $1 million. Picture: RR Auctions A DIARY kept by a young John F Kennedy has sold for more than $959,800. The tome, written during his brief stint as a journalist after World War II, includes Kennedy’s reflections on Hitler and the weakness of …

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Superannuation

Aussie women face ‘poverty’ in retirement

David Koch’s guide to getting the most of your superannuation. Nerida Cole has called for Budget changes to help women accumulate more super. WOMEN are more than twice as likely to spend retirement in poverty than men and the upcoming Federal Budget must address this, a superannuation industry expert claims. …

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Superannuation

How the government’s new property plan works

A loophole enjoyed by Australian property owners to the tune of half a billion dollars has been closed in the 2017 federal budget FIRST home buyers will finally be able to dip into their superannuation to pay for a deposit under the federal government’s wide-ranging housing affordability package. Renters, people …

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Superannuation

‘Now it’ll only take 200 years’

The Turnbull government has just announced that young people will be able to use their superannuation to save for a first home deposit, so how exactly does that work? The federal government has announced a new scheme to help first homebuyers save for a deposit. CRITICS say the government didn’t …

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Superannuation

Parents sue own daughter for $345,000

Marian and Trevor Warin, left, sued their daughter Colleen, second from right. EVEN the bank of mum and dad has to be repaid, a young homebuyer in New Zealand has discovered. Marian and Trevor Warin refused to back down after their 54-year-old daughter repeatedly refused to pay back loans totalling …

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Superannuation

First home buyers scheme not much help

The Turnbull government has just announced that young people will be able to use their superannuation to save for a first home deposit, so how exactly does that work? Good luck saving for that dream home, you’re not going to get much help. A SCHEME to help first home buyers …

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Superannuation

Townhouse comes with surprising offer

Don’t want to give up brunch for the mortgage? You may not have to. DON’T want to give up brunch for a mortgage? Househunters in Brisbane can have it both ways, thanks to a developer’s offer of a year’s worth of smashed avocado on toast, along with one of his …

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Superannuation

Why $100k is no longer enough

Don’t expect to live the high life on $100,000. ONCE upon a time, a six-figure income was considered the mark of a well-to-do Australian. Cracking the magical $100,000 mark was a rite of passage that enabled a young professional to say with satisfaction: “I’ve made it.” Today, what was once …

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Superannuation

The loneliest woman in America

Five former employees of imprisoned financier Bernard Madoff were convicted of conspiracy to cap a six-month trial in which they were accused of enriching themselves while telling an elaborate web of lies. Former SEC attorney Bradley Bondi joins the News Hub. Ruth Madoff’s husband Bernie Madoff was jailed for a …

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