Yesterday
Puljich family sells eight land-lease assets; Highbury on ticket
Street Talk understands Living Gems has struck a deal to sell eight land-lease communities to Avid Property Group, which owns a portfolio of 45 developments.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
The overlooked asset class that could set you up for retirement
Residential property investment is good for accumulating wealth, but commercial property will provide retirees with a better income stream.
- Michelle Bowes
Inside Australia’s most luxurious retirement pads
Rooftop pools, plush libraries and temperature-controlled wine cellars – welcome to deluxe retirement living.
- Michelle Bowes
April
Big super splits on performance test reforms
Labor announced it was reviewing the test after several funds said the current rules stopped them investing in the “nation building” initiatives the government wanted them to bankroll.
- Hannah Wootton
Start-ups, dentists drain retirement savings in ‘super scam’
The value of super withdrawn for dental treatments nationally jumped 373 per cent to $313 million from 2019 to 2023, and Labor has warned of a potential crackdown.
- Hannah Wootton
Why more Australians are choosing semi-retirement
Fusing the parts of work you still enjoy with hobbies, travel and passion projects is the dream for many. Here’s how to make a go of it
- Michelle Bowes
Why you’ll live longer than you think (and what it means for your wealth)
Very few people die at their age of life expectancy, giving rise to financial planning’s biggest conundrum: longevity risk.
- Penny Pryor
Retirement made me feel invisible – so I became a male model
A newfound career after my work life ended has given me purpose and made me feel good about myself. It’s nothing like I would have imagined.
- Anthony Clark Hurd
‘Stunning’ equity rallies lift super fund returns
Superannuation funds are expected to end the financial year “a lot better than expected”, new data shows, with returns already nearly surpassing last year’s results.
- Hannah Wootton
Labor will tax super savers twice under proposed ‘wealth tax’: Taylor
Double taxation was “a natural consequence” of Labor’s plan to tax unrealised gains under its proposed tax increase on super balances over $3 million, the shadow treasurer said.
- Hannah Wootton
Savers with $3m-plus super could pay double tax on earnings
Labor’s plan to increase the tax paid on earnings for super accounts with more than $3 million could sting savers twice, experts have suggested.
- Updated
- Hannah Wootton
The happiest retirees have these things in common
Someone who retires at 67 and is lucky enough to live to 87 in good health has 7300 days to fill. Make them happy ones, advises The Golfing Counsellor.
- Lucy Dean
Taxing judges’ pensions bad for independence, women
A former Federal Court chief justice says the reforms were likely unconstitutional and would stymie efforts to improve the number of women on the bench.
- Hannah Wootton
Get fit for retirement by starting with these micro hacks
Retirement is typically a time for running after grandkids, playing golf and travelling. But after years or even decades of office work, regaining fitness can be challenging.
- Lucy Dean
Super tax changes to ‘cut off lifeblood’ of local business
Funds management veteran Geoff Wilson says Labor’s controversial plan to tax unrealised gains on big superannuation accounts will discourage investment in local firms.
- Hannah Wootton
Infratil, NZ Super put RetireAustralia back on the auction block
Street Talk can reveal the retirement community owner has mandated Jefferies Australia to run a sale process, swapping advisers from Jarden and E&P who led the charge last time.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Tax changes may make super the best place to stash cash
New analysis shows the changes will have the perverse effect of entrenching tax benefits for some of the country’s wealthiest, spurring calls for widespread tax reform.
- Hannah Wootton
Super fund sued over customers’ unpaid penalties in ‘unique’ case
The claim that ESSSuper left customers more than $40 million out of pocket could prove a test case on how rigorously the $3.6 trillion industry is held accountable for meeting its trustee duties.
- Hannah Wootton
This age is the new normal for retirement in Australia
The COVID-19 pandemic meant many would-be retirees put off their golden years, but new figures suggest the expected retirement age has reached a peak.
- Lucy Dean
Retired judges demand $3m super tax exemption
Extending the tax increase to judicial pensions could endanger the courts’ independence and drain talent from the bench, judges warned Treasury.
- Hannah Wootton