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$40,000 in savings? Must be nice.

The average Australian has $40,000 in savings. Someone else must have my cut

Who are these mythical beings with a big pile of cash in the bank? With 10 per cent of households holding almost half of the country’s wealth, it is far from the lived reality of most Australians.

  • by Dominic Powell

Ask an expert

Who is liable for capital losses on an inheritance?

It’s important to keep capital gains and losses in consideration when estate planning.

Noel Whittaker
Noel Whittaker

Money columnist

Renovations, holidays: Why good inheritance planning is key

What should you keep in mind when planning to spend a sizeable inheritance?

George Cochrane

The pros and cons of purchasing an annuity

Annuities are mainly used by older people who want certainty of income, or retirees who wish to maximise their age pension by taking out particular annuities that receive special treatment by Centrelink.

Noel Whittaker
Noel Whittaker

Money columnist

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