More than one million superannuation account holders will receive notice from their funds saying they have underperformed.

Movements in the value of the Australian dollar are important for Australian-based investors in that they directly impact the value of (and hence returns from) international investments and indirectly effect the performance of domestic assets like shares via the impact on Australia’s competitiveness.

Business confidence and conditions have slumped with half the population in lockdown and virus outbreaks occurring in several states, but so far that hasn’t resulted in a deluge of firms having to close their doors for good.

From 2019–20, carry-forward rules allow you to make extra concessional contributions – above the general concessional contributions cap – without having to pay extra tax.

Inflation will likely rise further in the months ahead due to base effects, bottlenecks & reopening but it’s likely to fall back again from later this year as these drivers fade.

Financial advice is expensive. But it is also incredibly valuable. When we’re unwell, we see a doctor; when we have legal issues, we speak to a lawyer. Professional people provide education and guidance in many areas of life.

Budget deficit of $106.6 billion in 2021/22. Deficit narrows to $99.3 billion in 2022/23, $79.5 billion in 2023/24 and $57 billion in 2024/25. Commonwealth net debt to rise to $617.5 billion in 2021/22 before hitting $980.6 billion in 2024/25

A majority of Australians believe the age pension should be increased, with many fearing they won’t have enough money when they enter retirement.