Thomas will lose $50,000 in franking credits if Labor is elected. The big question: what alternatives does he have to maintain his income?
Paul Clitheroe AM is a respected financial adviser and Money’s chairman and chief commentator. He is chair of the Australian Government Financial Literacy Board, and author of several personal finance books. Ask Paul your money question.
With a super fund that is charging the same amount in fees as they contribute each year, Lyn and her husband are worried they can never afford to retire.
Matt and his wife have $5000 a month to invest but with dual corrections on the horizon, are shares or property the better option?
Emma has $10,000 to start investing in shares but doesn’t know where to start. That’s where Paul Clitheroe comes in.
Lucy and her husband are keen to buy a beach house to help them relax and de-stress but Paul Clitheroe is worried the purchase could have the opposite effect.
James has $1 million in a term deposit that he would like to leave to his adult children. Where should he invest it? And does he need a trust?
Matt co-owns property with his parents and wants to buy them out without forking out for capital gains tax and without paying stamp duty again.
Rob and his partner have been reluctant to invest in the stock market. Paul’s question: Goodness, Rob, what on earth are you doing with an SMSF?
Sharon and her husband have paid off their home in their 40s, so where should they invest the money that was going to mortgage repayments?
With his net worth increasing faster than he’s spending it, 72-year-old John wants to start helping out his kids now. Is an early inheritance a good idea?