nest egg super superannuation money savings retirement cash generic saving

Wealth industry scene in for a shake-up

The tectonic plates in Australia's wealth sector didn't just slide in 2017, they crashed into each other, potentially leaving the industry in a permanently changed state.

Paul Schroder, group executive of engagement, advocacy and brand at AustralianSuper, said that as self-managed fund ...

Savers retreat from self managed funds

Increased scrutiny of self-managed super funds, an ageing population and the slowdown in house price growth are combining to stem the billions of dollars that large super funds have been losing to the DIY sector.

Power price drop forecast called into doubt

Signs in the market that power prices are still rising have increased scepticism about the modelling of the Energy Security Board that electricity tariffs will fall over the next few years.

The two-year note provides investors with more income than dividends on the S&P 500 Index.

US 2-year yield tops 2%

The two-year Treasury yield jumped above 2 per cent, marking a rebound to a key psychological level last seen almost a decade ago.

Muted end to week for ASX

Australian shares ended with slight gains on Friday but lost ground over the week, with an advance in the mining sector not enough to offset weakness elsewhere.

Opinion

Police need to present a search warrant to search premises when investigating most crimes but one federal agency would ...

Push for secret search warrants panned

Federal investigators want powers to secretly search homes and businesses, warning new technology it making it tougher to root out corruption and serious crime.

Personal Finance

nest egg super superannuation money savings retirement cash generic saving

Wealth industry scene in for a shake-up

The tectonic plates in Australia's wealth sector didn't just slide in 2017, they crashed into each other, potentially leaving the industry in a permanently changed state.

SHD News. Generic model house made of money. Photo: Danielle Smith

Legal challenge eyes 'vast' SMSF opportunities

ASX-listed Domacom is challenging some of the most fundamental aspects of superannuation law through a test case that may clear the way for people to live in a rental property owned by their super fund.

Andrew Peacock: "I know Hillary and I like the Clintons who were very good to me as ambassador."

Why Andrew Peacock bet on Trump

The former Liberal leader and ambassador to the US Andrew Peacock talks US politics from his home in Texas, over lunch with the AFR.

Lifestyle