For many years investors have been told that you could start up an SMSF with $200,000 as long as you were contributing heavily to it. But according to the Productivity Commission, any less than $1 million in your self-managed super fund will cost you.
Susan has been a finance journalist for 30 years. She wrote for the Australian Financial Review and the Sydney Morning Herald, edited ASFA's Superfunds magazine and wrote the best-selling Women and Money.
The days of niche super funds could be coming to an end, with the Productivity Commission slamming their inability to deliver low fees and better savings.
Michael and Clare have a baby on the way and a dream of buying land, building a house and setting up their own hobby farm.
Free TAFE courses, cheaper power prices, tampon price cuts, and baby bundles worth $300 … these are some of the perks available from January 1 this year.
One in 10 Aussies have admitted to lying their way into loans which could total more than $220 billion, according to new research from finder.com.au.
If an elderly relative lives with you under a formal arrangement, you may have to pay CGT under current tax law. But these rules could be about to change.
Six weeks of summer holidays is a long stretch to keep your kids entertained, active and away from their screens. Most of these activities are free, so you won’t break the budget.
If you want to buy a home, the big question is whether you should wait or buy now? One reason to wait is the flood of properties coming onto the market.
Would you like to get access to your superannuation savings early? Few Australians qualify for early release of super, but that could be about to change.
SUPERSUPER, a new shop and save feature from GuildSuper lets you boost your super balance by shopping at retailers including Woolies, Kmart and David Jones.