Fg Trade | E+ | Getty Images Generation X may be the biggest beneficiaries from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study. While millennials and members of Generation Z are expecting the biggest inheritances in the coming years as baby boomers pass down their fortunes, Gen … Read more
South Australian concession card holders will receive a $243.90 cost-of-living payment into their bank accounts by the end of the week. More than 210,000 South Australians will receive the payment announced under the state budget if they are a low-income earner, have a concession card or receive some Centrelink payments. The money will be paid … Read more
IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. Kevin Dietsch | Getty Images The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to “close a major tax loophole” used by large, complex partnerships, which could raise more than an estimated $50 … Read more
Major changes to Buy Now Pay Later (BNPL) service Afterpay have come into effect. Under its new terms of service, select customers will now have the option to delay their first payment. And all customers will now be able to choose a day of the week to pay their instalment, rather than having the day … Read more
A customer shops at a Safeway store on June 11, 2024 in Mill Valley, California. Justin Sullivan | Getty Images The rate of price increases for food has subsided in recent months, according to the latest government inflation data. However, shoppers still report feeling burdened by the prices they’re seeing in the grocery store aisles. … Read more
Australians have just weeks left to claim a $500 cash boost to their super. To get the cash boost deposited in their super fund after tax time, eligible Australians will need to fork out their own voluntary contributions by the new financial year on July 1. But “there are some strings attached”, UniSuper advice team … Read more
Car payments have skyrocketed in recent years due to a combination of high prices and high interest rates. While some relief may come soon, industry insiders say prices may still remain high for quite some time. As of May, customers were paying, on average, $760 a month for an auto loan, according to Moody’s Analytics. … Read more
The convenience of tapping your card instead of inserting or swiping could be costing Australians up to $1 billion a year in surcharges, with many unaware about the “hidden fees” behind the simple act. Most of us now tap our cards to pay for goods and services without a second thought — the modern way … Read more
D’Aungilique Jackson, of Fresno, California, holds a “Cancel Student Debt” sign outside the U.S. Supreme Court in Washington, D.C., after the nation’s high court struck down President Joe Biden’s student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images It took Arkansas Attorney General Tim Griffin around … Read more
Retirement dreams may be drifting further out of reach for Australians, with experts warning we may need to rethink our plans for the golden years. Working mum Jodie Imam is among those who no longer sees herself as heading towards a traditional retirement. WATCH THE VIDEO ABOVE: Aussie workers worried they’ll run out of money … Read more
