Superannuation

How much can $4 coffee really save you?

Young Aussies don’t need boomers telling them not to buy brekkie, we’re all heading for a housing affordability crisis that no amount of smashed avocado can make up for. Is your love of coffee worth it? A YOUNG rich lister has created waves after suggesting his generation needs to stop …

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Superannuation

Warning over Budget super boost

David Koch talks about how often you should review your super details. Retirees should check their entitlements before downsizing their family home. A PLAN to encourage older Australians to downsize their homes and shift extra money into superannuation has been broadly welcomed, but with a warning that retirees will have …

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Superannuation

‘Won the bloody Lotto!’: $2.6 million richer

A PERTH tradie has claimed a $2.6 million Lotto prize after spending half an hour searching for the ticket, which was in the back pocket of his work pants. The Forrestfield man, aged in his 50s, had just finished working a double shift when his daughter called asking if he …

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Superannuation

How to double kids’ superannuation

Follow David Koch’s tips to help grow your nest egg Boost kids’ savings by getting them into superannuation early. PARENTS and grandparents have a golden opportunity to use superannuation to deliver children and young adults a wealth boost bigger than any of them can imagine. The catch is that the …

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Superannuation

Not many want this easy money

David Koch’s guide to getting the most of your superannuation. Some free money incentives are only used by one per cent or less of super fund members. FEWER than one in 10 Australians are injecting extra money into their superannuation, potentially costing themselves thousands of dollars a year in missed …

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Superannuation

Can you tell if this pic is Turnbull?

The photo appears on ASIC’s website. IS THIS Malcolm Turnbull? Australians browsing the ASIC MoneySmart website for information on the government’s upcoming superannuation changes could be forgiven for thinking they had stumbled on their prime minister under an assumed name. Dubbed “Martin” and bearing an uncanny resemblance to “Malcolm”, the …

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Superannuation

CSL raises annual profit guidance

Blood products giant CSL has upgraded its full-year profit guidance following strong sales, particularly of immunoglobulins and specialty products. After a likely first-half profit of about $US800 million ($A1.1 billion), CSL expects net profit for the year ending June 30 to grow by between 18 and 20 per cent on …

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Superannuation

AGL to sell Silverton wind farm to PARF

Electricity producer and retailer AGL Energy has tied up debt funding for its planned 200 MW wind farm at Silverton in NSW and will sell the project to the Powering Australia Renewables Fund it set up last year. AGL will transfer the project to PARF for $36 million and said …

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Superannuation

Stocks to watch

Stocks to watch on the Australian stock exchange: ANZ – ANZ BANK – down 39 cents, or 1.3 per cent, at $30.40 CBA – COMMONWEALTH BANK – down 74 cents, or 0.9 per cent, at $83.35 NAB – NATIONAL AUSTRALIA BANK – down 33 cents, or 1.1 per cent, at …

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Superannuation

Insolvencies down, but retail threatened

The number of businesses going bust in Australia continues to fall, but retailers could still find conditions tough in 2017, with giant online retailer Amazon set to arrive. Global business advisory firm FTI Consulting has analysed insolvency statistics for November from the Australian Securities and Investments Commission, which showed the …

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