Start your life together on the right financial foot

Start your life together on the right financial foot

Before you say ‘I do’, talk about your finances with your partner. Not getting married, but in a relationship? See relationships and money for useful tips. Manage the wedding whirlwind The average Australian wedding costs $36,000. According to a Moneysmart survey, 82% of couples dipped into their savings to pay for their wedding. Another 60% got a … Read more

How your super or non-super income stream is taxed

How your super or non-super income stream is taxed

How much tax you pay on retirement income depends on your age and the type of income stream. For most people, an income stream from superannuation will be tax-free from age 60. How super income streams are taxed Types of super income streams Income from super can be an: account-based pension — a series of regular … Read more

The trouble with intuition when investing

The trouble with intuition when investing

Knowing how your mind works can help you avoid the more obvious traps many investors fall into. Cognitive bias has become a bit of an investing buzz phrase in recent years. The theory is that the human brain predictably makes errors of judgment that can lead us to be emotional, short term and come to … Read more