The tax considerations for investing in ETFs can be complicated. But if you want to stay on the right side of the ATO, you need to know them. The boom in Exchange Traded Funds (ETFs) on the sharemarket has attracted thousands of first time investors. If you’re one of them, the Australian Tax Office (ATO)… Read more »
Global lockdowns have been miserable for most, but there are plenty of sectors who have thrived. Tech stocks are one of them. As restrictions continue in most countries around the globe, including Australia, many cyclical businesses are still feeling the full force of the global pandemic. Not only are some borders still shut, but many… Read more »
Despite a ‘home country bias’, investing overseas is picking up speed in Australia. Here’s what you need to know. Australian investors have long shown a ‘home country bias’, which is a fancy way of saying we prefer to invest in our own backyard. Some Australians have exposure to overseas shares via their super fund, but… Read more »
When it comes to building wealth no amount is too small to start. Whether it’s $1000, $100 or even $50, every single dollar can be put to good use to grow your wealth. It doesn’t seem much but investing a small amount on a regular basis is the key to wealth. You’ll be stunned at… Read more »
Everyone seems to be talking about ETFs right now, so here’s the lowdown on why Exchange Traded Funds are so damn interesting. While they can date their origins back to the 1990s, exchange traded funds (ETFs) truly took off this century. Their popularity is largely based on the ease with which they give investors access… Read more »
Australians might be obsessed with property, but it’s not the only way to invest your money. The team at Equity Mates outlines some alternative investment avenues you really should consider. You don’t have to be a genius to make money from investments. When it comes to investing, Australia is a very bricks and mortar country,… Read more »
Just when you thought the banks couldn’t get any stingier, they are. Savings interest rates have been reduced again. Australia’s biggest bank, Commonwealth Bank (CBA), has cut its savings rates by up to 0.07 per cent. The Reserve Bank hasn’t changed official interest rates since November last year, but the CBA (and the other big… Read more »
Thirteen of Australia’s 80 closely-regulated MySuper superannuation funds have failed the APRA performance test. There’s a fair chance you are among the one million people in them. The results were made public on Tuesday and handed to the funds on Monday. From here on — for the people who run those funds — it’s about to… Read more »
It’s so frustrating to buy petrol, drive 100 metres down the road and see the exact same fuel offered cheaper. Sounds like you need one of these petrol prices apps in your pocket. The cost of importing refined petroleum has eased considerably, yet petrol prices are currently through the roof. Petrol stations are basically ripping… Read more »
Each year your superannuation statement is one of the most important bits of paper you’ll receive. Here’s our jargon-free guide to help you read your super statement to ensure your fund is delivering what you need. The average Australian is among the richest in the world. Why? Because of the value of their home and… Read more »
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