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The Wealth Blog

Six minutes on the Web

Here’s what happens in a minute on six of the Web’s biggest services — and how that’s changed in just one year:

Investment tips from the Melbourne Cup

—— The Melbourne Cup is the race the stops a nation — a chance to dress up, let our hair down and enjoy the spectacle of some of the world’s best horses competing for glory. But does Australia’s most famous horse race have anything to teach investors? Here are three […]

Economic Update

Evolving markets and policies Despite the continued mixed global economic outlook, things are looking better into 2014, according to Stephen Halmarick. In October 2013, the IMF revised the growth forecast to 2.9% this year and 3.6% in 2014. This isn’t disastrous, but definitely below trend according to Stephen Halmarick, Head […]

The types of life insurance

——– Although people generally think of life insurance as just that – insurance which covers your life in the event of death – there are actually several types of life insurance policies: 1. Life Insurance – pays a lump sum on your death or the diagnosis of a terminal illness. […]

730,000 ‘unclaimed’ super accounts seized by ATO

THE federal government has booked a massive $740 million windfall after seizing control of 730,000 “unclaimed” superannuation accounts. The Australian Taxation Office took control of $1.2 billion of super funds in the year to June – up from $141m the year before – under budget-boosting laws brought in under Labor […]