On the Money

Choosing a brand for the future

As a business evolves, one of the issues it must deal with is whether its branding adequately reflects product and service expansion over time. This is a question we have had to address at SuperAA (Superannuation Advisors Australia), a business…

The rise of renters by choice

The private rental sector has expanded at more than twice the rate of the increase in Australian households in the last two decades. This increasingly diverse form of tenure now houses about one in four of us. Australia’s lightly regulated…

Changing ETF landscape in 2020

The ETF landscape continues to rapidly expand beyond the replication of major stock market indices such as the S&P/ASX 200 and S&P 500. Today’s investor can choose ETFs across different sectors, based on certain themes or even offering alternative weighting…

Scrutiny will lead to improved outcomes

Over the last few weeks there has been a heightened level of debate concerning Listed Investment Companies (LICs) and Listed Investment Trusts (LITs). As always, industry experts have presented thoughtful, considered positions following ASIC’s analysis provided to Treasury on LIC…

We need to modernise how we measure national wealth

I recently tried an experiment. I changed several light bulbs, and since one required a little rewiring, I sent my wife (also known as the majority shareholder) a bill for $110.50 (plus GST). In return, she sent me a bill…

A crisis of underinsurance threatens to scar rural Australia permanently

Australia is in the midst of a bushfire crisis that will affect local communities for years, if not permanently, due to a national crisis of underinsurance. Already more than 1,500 homes have been destroyed – with months still to go…

The price of staying at home

Regardless of where they live, investors have a significant opportunity to diversify their equity portfolio outside of their home market. Despite the opportunity, investors typically maintain a significant home bias – higher allocations to their home country than the market…

Limiting cash payments to $10,000 is more dangerous than you might think

We are used to being able to pay for things with legal tender. Other than in special circumstances, refusing to accept cash can have legal consequences. The Currency (Restrictions on the Use of Cash) Bill 2019 , at present before…

The great wealth transfer: the risks and opportunities for advice firms

Australia, like the rest of the developed world, is on the verge of the largest intergenerational wealth transfer in history. It’s estimated more than $3 trillion will change hands over the next 10 to 20 years as the Baby Boomer…

We’re delaying major life events and our retirement income system hasn’t caught up

Asked to conduct an independent review of Australia’s retirement income system, the panel appointed by treasurer Josh Frydenberg reported on Friday that it was all tied up with the family home. At every age range, Australians have more money saved…