Home
Search
thewest.com.au‌‌
BusinessChevron Right Icon

Your Money

Older investors are considering selling assets before proposed capital gains tax changes take effect, with a survey heavily skewed towards retirees finding one in two respondents may sell some holdings before July 1, 2027.

Your MoneyCommentsPremiumOlder investors eye selling shares before CGT changes

Survey skewed to older investors finds one in two may sell assets before CGT changes

Ryan Johnson

Australians are urged to use the end of financial year to check whether they could do more with their superannuation, as new research shows many remain underprepared for retirement.

Your MoneyCommentsPremiumJune 30 deadline looms for $500 super boost

Australians are urged to use the end of financial year to check whether they could do more with their superannuation, as new research shows many remain underprepared for retirement.

Ryan Johnson

Not Supplied

NewsCommentsPremiumFlybuys dethroned as top rewards program

A platform that costs $4 a month has been named Australia’s favourite rewards program, marking the first paid membership to take the crown.

Alexandra Feiam

Not Supplied

Your MoneyCommentsPremiumWhy ‘date night economics’ is a red flag for recession

In an early warning sign dubbed ‘date night economics’, Jirsch Sutherland says Australians have to slash their discretionary spending and it is having a broad impact on the wider economy. 

Cameron Micallef

Small business owners worried about changes to capital gains tax and trust rules are being urged to check whether they qualify for existing concessions before assuming they face a bigger tax bill.

Small BusinessPremiumCGT changes: Four things small business owners should check

Small business owners worried about changes to capital gains tax and trust rules are being urged to check whether they qualify for existing concessions before assuming they face a bigger tax bill.

Ryan Johnson

All your questions answered: can your grandchild challenge your will, who is allowed to see what’s in there and what evidence would you need to challenge it if you miss out?

Your MoneyCommentsPremiumHow to fight for an inheritance and what you need to prove

Q&A: Can your grandchild challenge your will, who is allowed to see what’s in there and what evidence would you need to challenge it if you miss out?

Nick Bruining

While fights among beneficiaries are on the rise, those making wills can take simple steps to avoid or minimise the chance of a dispute once they’re gone. 

Your MoneyCommentsPremiumHow parents can stop inheritance squabbles in their tracks

With $2.5 trillion up for grabs in WA, fights among beneficiaries of wills are rising. But parents of kids relying on an inheritance can take simple steps to avoid or minimise the chance of a dispute. 

Nick Bruining

A piggy bank transforms into a rocket, launching upwards with a fiery trail of smoke and flames. User

Your MoneyCommentsPremiumThe retirement super-sizing hack you’re missing out on

The reality is, many Australians aren’t falling short on their super because they lack capacity. They’re falling short because they’re not using the system as it was designed.

Nicholas Hart

Got help from the Australian government for your education, then headed off for a bright future and career overseas? You can’t hide from the tax man. What you need to know (and do) to avoid a monster bill.

Nick Bruining Q+A CommentsPremiumYes, your student debt (and the ATO) follows you overseas

Q+A: Got help from the Australian government for your education, then headed off for a bright future and career overseas? You can’t hide from the tax man. What you need to know (and do) to avoid a monster bill.

Nick Bruining

Just over half of Australians say they feel confident about their financial preparations for retirement.

Your MoneyCommentsPremiumAussies working extra four years to afford decent retirement

More Australians say they feel prepared for retirement but one age group on the cusp of giving up work are not so sure they will have enough to live on.

Daniel Newell

ASIC deputy chair Sarah Court said the penalty sent a clear message for banks to step up and do better when responding to customers who ask for help.

BankingCommentsPremium$26m fine for bank’s failure to help struggling customers

A big-four bank has been slapped with a whopping $26 million fine for a six-year failure to help customers facing financial hardship.

Daniel Newell

CBUS Super is calling for an end to high-pressure, cold-call tactics. NewsWire / Glenn Hunt

FINANCECommentsPremium‘Ban the cowboys’: Super giant’s clickbait fight

One of Australia’s largest superannuation funds has demanded a ban on social media financial advice ads after thousands of Australians lost $1b.

Blair Jackson

The after-tax savings can be considerable and a simplified example demonstrates the benefits.

Your MoneyCommentsPremiumElectric vehicles drive a hard bargain with fringe benefits

The after-tax savings can be considerable and a simplified example demonstrates the benefits.

Nick Bruining

Announced on Budget night, vehicles eligible for the FBT exemption are battery electric vehicles up to the value of $75,000. While plug-in hybrids were part of the arrangement previously, they no longer qualify. 

Your MoneyCommentsPremiumClock is ticking on the tax perks of picking an EV

The recent Federal Budget has reaffirmed a strategy that has allowed many electric vehicle buyers to effectively pay for their new car with pre-tax income.

Nick Bruining

Several big issues have emerged over plans to take a slice of discretionary trusts, including that making testamentary trusts ‘tax-compliant’ could erode critical asset protection benefits.

Your MoneyCommentsPremiumWhy Chalmers’ attack on discretionary trusts is so dangerous

Several big issues have emerged over plans to take a slice of discretionary trusts, including that making testamentary trusts ‘tax-compliant’ could erode critical asset protection benefits.

Nick Bruining

Fran Quick and her husband Evan, along with kids Hank and Fletcher, have been living with Mrs Quick’s mother for two years while they save for a deposit.

The West Australian exclusive
The West Australian exclusive
Your MoneyCommentsPremium
The West Australian exclusive
Staggering number of WA parents helping kids get first home

Cash gifts, free rent and guarantor support have become the new first-home playbook as families step in where housing affordability falls short.

Ryan Johnson

The Albanese Government has just changed the game, and almost every investment property book published in Australia in the past three or four decades should be thrown on the pyre. schubertmartin

DEBTMANCommentsPremiumBurn every book on property investing right now

DEBTMAN: The Albanese Government has just changed the game, and almost every investment property book published in Australia in the past three or four decades should be thrown on the pyre.

Bruce Brammall

The changes to capital gains tax have ruffled plenty of feathers. But will they apply to those on those on Centrelink support payments, such as the age pension?

Nick Bruining Q+ACommentsPremiumAre pensioners exempt from the capital gains tax hike?

Q+A: The changes to capital gains tax have ruffled plenty of feathers. But will they apply to those on Centrelink support payments such as the age pension?

Nick Bruining

Morgan Solomon, Donnelle Hestelow and Adrienne Downes.

Courts & JusticeCommentsPremiumFamilies fighting over wills skyrocket to ‘historic’ levels

The Great Wealth Transfer - buoyed by skyrocketing property prices - has become increasingly litigious, with the silver tsunami prompting a 40 per cent spike in inheritance disputes over the past five years.

Kim Macdonald

Australian investors are dumping ethical funds as a perfect storm of factors push them towards higher-return ‘unethical’ trades. 

analysis
analysis
Your MoneyCommentsPremium
analysis
Where have all the ethical investors gone?

Australian investors are dumping ethical funds as a perfect storm of factors push them towards higher-return ‘unethical’ trades. 

Ryan Johnson

Anthony Albanese has laughed off a growing backlash over his budget changes to the capital gains tax.

Small BusinessCommentsPremiumFamily businesses fight back on capital gains tax changes

The lobby group for small business owners is hoping enough nervous Labor MPs raise concerns about tax changes that could cause unemployment to rise.

Stephen Johnson

Housing MarketVideoCommentsPremiumDouble-digit investor retreat set to shred housing market

An investment expert has warned Australians an “extremely overvalued” property market will take a hit from rate hikes, Federal Budget tax changes and a potential economic downturn.

Matt Mckenzie

Australia’s $4.5 trillion pension industry is racing to adapt to the rise of artificial intelligence and its potential impact.

Your MoneyCommentsPremiumAustralianSuper hires AI chief as funds race to adapt

AustralianSuper, the nation’s largest pension fund, has hired its first head of artificial intelligence as the industry grapples with how rapidly evolving technology could reshape retirement finance.

Amy Bainbridge

The share market is expected to remain attractive to young investors despite tax changes. (Lukas Coch/AAP PHOTOS)

Your MoneyCommentsPremium'Making more': Why young people will keep investing despite Budget blow

Young buyers in Australia say the share market is still where they will put their money, despite incoming changes to the capital gains tax discount.

Lucinda Garbutt-Young