Spending your kids’ inheritance

Many Australians expect an inheritance, but their parents may have a different view.  Around one in two Australians have received or expect to inherit money or property, either from their parents or others. That’s one of the key findings from Vanguard’s 2024 How Australia Retires research, but it shouldn’t come as a great surprise. Over the coming … Read more

Tax and super changes for the new financial year

The tax cuts introduced from July 1 and other changes may mean it’s time for a review of your current tax, super and investment strategies to make sure you’re maximising the benefits. Under the changes, the previous 19 per cent tax rate reduces to 16 per cent, while the 32.5 per cent rate drops to … Read more

Binary options

Binary options promise quick, high returns. But the reality is you will lose your entire investment most of the time. Binary options are financial products that bet on the outcome of an event. If you pick correctly, you get a fixed cash payout. If you get it wrong you lose your entire investment. An ASIC … Read more