Money Magazine

Welcome to a refreshed Money magazine; one that sports a new look that we hope resonates with you. A heartfelt thank you is due to the team for their creativity and hard work, specially to our art team, Ann Loveday and David Matthews, for delivering

Thanks for introducing me to the terms 'screen scraping' and 'open banking' in your article 'Budgeting is a breeze' (September). About a year ago I was using the microinvesting app Raiz whereby my savings account spending would be rounded up and auto

I was surprised by a comment in the article about how hard it is for mature-age borrowers to get a home loan ('When 50 isn't the new 30', October). There was a suggestion about paying off the loan at retirement using superannuation. But why would you

I think it's good that we're not having kids. We need to look at population growth sustainably. Climate change is happening because there are too many people on the planet! We need to stop always looking at things like this in a financial way. Alan (

I live on Victoria's Mornington Peninsula. I love online banking and rarely go to a branch, but when I do the trek to find one it's frustrating. Of greater concern is the lack of bank ATMs and their replacement by fee-forservice units. I rarely use c

Just under 12 years ago, I purchased my first issue of Money and have read every issue since. Last week, when I turned 60, I visited a financial planner for the first time. She called back several days later to say she wouldn't be taking me on as a c

Behavioural economist I travel a lot for work, and need various charging connectors and leads. In some hotels or apartments, I can end up with one power point to charge my iPad, laptop, phone, watch, earphones, camera packs and so on. My nifty yet th

Thursday, December 7 Balance of trade Tuesday, December 12 NAB business confidence Wednesday, December 13 Westpac consumer confidence Thursday, December 14 Unemployment rate Friday, December 29 CoreLogic dwelling prices Working from home, the great r

Unpaid care work, primarily carried out by women, is a critical but often overlooked aspect of society. A HESTA super survey of its members found that 88% of unpaid caregivers are women, highlighting the need for gender-inclusive policies and support

EDITORIAL Founder & editorial adviser Paul Clitheroe Editor-in-chief Michelle Baltazar (02) 8234 7500 michelle.baltazar@moneymag.com.au Managing editor Vanessa Walker vanessa.walker@moneymag.com.au Art director Ann Loveday Designer David Matthews Sen

If you have a rental property in need of some care, you may be able to claim a tax deduction. Repairs are tax deductible in the year you incur the expense, provided the property earns rental income. According to the Australian Taxation Office, to rep

(Major Street Publishing, RRP $32.99) Planning ahead financially to have a baby has probably never been so important as it is today, with the cost of living at an all time high. Most parents will suddenly be faced with an increase in expenses and a d

Guest: Tim Townsend Hosted by: Michelle Baltazar Have you ever thought about investing in the US stockmarket? If you're interested but not confident enough to take the plunge, this month's podcast will give you some of the knowledge you need. Michell

A survey of 1400 strata managers of residential buildings of four storeys or more, built in the past six years, found almost four in 10 new apartment buildings in NSW have serious defects, costing an average $331,829 per building to fix. The survey w

Nearly three in four Aussies who have invested with responsible investment principles in mind are satisfied with the performance of their assets, while a similar number believe their returns will match or outperform mainstream investments over time.

We first upgraded Domino's to buy in 2019 when the share price was below $38. It was growing strongly in Europe and Japan thanks to a well-executed store rollout. Revenue rose 53% during the pandemic, while profits were up 58% due to operating levera

Send your questions to: Ask Paul, Money magazine, Level 7, 55 Clarence Street, Sydney NSW 2000 or money@moneymag.com.au. Sorry, but Paul can't personally answer your questions other than in the Q&A column. By submitting your question to Money, you co

At 77, homeowner Frank would like to borrow up to $100k Q I'm 77 years old and looking to release some equity in my home, which is worth about $950,000. I'm looking to access $50,000-$100,000. What's my best option? Well, Frank, I would argue that th

Nola is looking to invest some money for her grandson Q Our 17-year-old grandson is a first-year apprentice. For his 18th birthday in January, we would like to buy him a managed share fund to start him off. He is a very good saver. Is this a good ide

This is an interesting question, Tina. It is very relevant to most Money readers – if not for themselves, for their family and friends. So, let's start with the big picture. Life expectancy is a key factor. We all know that on average we are living l

The most recent Australian Bureau of Statistics figures show more than 3 million permanent immigrants have arrived in Australia since 2000. As at August 2021, the most common country of birth was India (439,700), followed by China (334,900) and Engla

To qualify for the super co-contribution, you need to meet these eligibility criteria for the super co-contribution: • Make a personal (after-tax) contribution to super and not claim a tax deduction for it. Contributions from your spouse and before-t

In August, I suggested it was time for investors to go underweight growth in their portfolios, as growth markets (that is, equities) would start to struggle in a slowing economy. I am now doubling down on my call to maintain the defensive posture as,

We are delighted to bring you another great edition of our annual Best of the Best. It features what you've come to expect from us and more. We've expanded our investment category to reflect the growing demand for exchange traded funds (ETFs) while i

managing editor This year, Money magazine rounded up nine of our most talented writers and tasked them with reporting on why exactly, in specific detail, these products or businesses are the most beneficial for our readers. To be clear, each of these

Q HOW CAN INVESTORS SHORE UP THEIR SHARE PORTFOLIOS FOR THE YEAR AHEAD? Investors should prioritise the impact of inflation on the value of their money, especially in the wake of the recent surge to above 7%. Historical data emphasises the vital role

Q IS IT TIME TO INVEST IN BIODIVERSITY SHARES? Australia is home to more than 10% of the world's biodiversity and second, globally, for biodiversity loss. More than one million plants, animals and other living things face extinction because of our im

Q WHAT ARE THE BEST CURRENCY PLAYS FOR 2024? I think the Japanese yen ticks a lot of boxes as we head into another year. From a technical and contrarian perspective, the yen has been one of the worst-performing currencies over the past couple of year

We all have questions about money – earning it, spending it and investing it now and for our future. For answers, tune into the weekly podcast by Money's senior writer, Tom Watson, and editor-in-chief Michelle Baltazar, who chat with a variety of exp

This highly diversified strategy aims to add value to a portfolio in the long term without added costs This is another new award category for smart beta ETFs – funds that track an index using some measure other than market capitalisation to determine

Selecting stocks by their fundamental value overcomes the distortions of 'fads and bubbles' A new category in this year's awards, smart beta funds are a development on the traditional ETF, which seeks to give investors market returns through a passiv

Q SHOULD I INCREASE MY INCOME PROTECTION THROUGH SUPER? Income protection will typically pay up to 75% of your earnings subject to meeting a minimum waiting period, usually 30 days, and a typical maximum benefit period of up to 65. A lot of readers h

Q WHAT INVESTMENTS SHOULD FUND MEMBERS BE ON THE LOOKOUT FOR? Super funds will recalibrate their investment portfolios due to higher inflation and interest rates and to adapt to broader economic changes. There are three key areas that fund members sh

Q IS SUPER A HELP OR HINDRANCE TO THE GREEN ECONOMY? Australians are becoming increasingly interested in ensuring their super products don't contribute to worsening climate change. This is not just about avoiding the 'bad' but thinking about opportun

FIRE is an acronym for 'financial independence, retire early'. This website is hosted by Matt, from regional Victoria, and charts in detail how he's managing his spending and investments to reach an early retirement. He also hosts a Aussie Firebug po

Investments in start-ups, infrastructure projects and private equity boosted returns Taking a unique investing approach has helped this year's winner outpace other superannuation funds over the long and short term. Placing more than 50% of investment