Save articles for later Add articles to your saved list and come back to them any time. This article originally appeared in Refinery29 Australia. Welcome to Money Diaries, where we ask real people how they spend and save their money during a seven-day period, tracking every last dollar. Anyone can write a Money Diary! Want to see yours here? Here’s […]

Federal Reserve Chair Jerome Powell delivered highly anticipated remarks at an Economic Club of New York luncheon on Thursday, arguing that inflation is “still too high” and warning additional monetary policy tightening may be needed. Powell noted that shorter-term measures of core inflation over the most recent three and six months are now running below 3 percent but cautioned these […]

Save articles for later Add articles to your saved list and come back to them any time. “I’m scared to invest because I heard it’s risky.” Over the years I’ve often heard variations on this statement. By now, I’ve come to the conclusion that risk is one of the most poorly understood concepts in personal finance. Often, people think they’re […]

Save articles for later Add articles to your saved list and come back to them any time. I am 66 and receiving a life pension from a state-based super fund. My wife is 74 and her sole income is from a home unit she owns that is rented to our son for $250 a week. We live on a hobby […]

Save articles for later Add articles to your saved list and come back to them any time. China’s giant banking system, the world’s largest, is heavily exposed to the real estate crisis: Nearly 40 per cent of all bank loans are related to property. And pressure is building on those banks as dozens of real estate developers have defaulted or […]

Helen of Troy Ltd. (HELE) announced Wednesday second-quarter net income of $27.38 million or $1.14 per share, down from $30.67 million or $1.28 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.74 per share, compared to $2.27 per share in the year-ago quarter. Consolidated net sales revenue for the quarter declined 5.7 percent to […]

Save articles for later Add articles to your saved list and come back to them any time. Super fund members with large balances are being urged to check if the administration fee they are paying on their retirement savings is uncapped, which could leave them at risk of being slugged by unnecessarily high fees. Uncapped fees continue to grow in […]

While nearly three-quarters of investors who are not yet retired see the benefits of waiting til age 70 to access their money, only 10%  say they plan to actually do so. Even more startling, those 60-65, with only a few years to wait, overwhelmingly (95%) see the benefit, but even fewer are able or willing to wait the final few […]

Save articles for later Add articles to your saved list and come back to them any time. The Australian Taxation Office is reminding taxpayers who do their own tax returns that they need to have them lodged by the last day of October, with those failing to make the deadline liable for penalties of up to $1565. Those using a […]