AI may change jobs, but history suggests mass job losses are unlikely Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good. The effect of automated teller machines (ATMs) on the bank teller profession reveals a more nuanced reality. When ATMs became widespread in the...Read More
Discounts, offers and rewards programsCost of living is impacting people across Australia, with everything from interest rates to the weekly grocery shop contributing to the strain. While there isn’t one catch-all solution, there are different ways you can tackle the financial squeeze. Reward and discount programs may not seem like you’re saving a huge amount,...Read More
Two brothers – Paul Issa and Phillip Issa – fronted court in Sydney recently, both facing criminal charges after allegedly accessing the personal banking details of Prime Minister Anthony Albanese. The younger brother, 21-year-old Paul, was a graduate employee of consulting firm EY and on secondment to the Commonwealth Bank of Australia at the time...Read More
Spot the warning signs of barter credit tax schemes before they cost you. This tax time, it’s important to steer clear of a tax scheme involving ‘barter credits’ – a form of trade credit used in some business networks. Described in TA 2025/3 Arrangements to improperly access deductions for donations of ‘barter credits’, the tax...Read More
Australians scammed out of A$3,000 or less could be able to claim automatic reimbursement from banks, phone companies or tech companies, under a new federal government proposal. Last year, there were 481,523 scam reports in Australia, worth A$2.18 billion, with a median loss of $400, a recent official report found. That was up 7.8% from...Read More
If you’re a temporary resident of Australia, how to claim your superannuation when you leave. Eligibility for Departing Australia superannuation payment (DASP)If you’ve worked in Australia on a temporary visa, you may have accumulated superannuation that has been paid by your employer under the compulsory super guarantee. You may be eligible to have this super...Read More
Acting on a hot tip might sound like a good idea when investing but if that hot tip is inside information, it might lead to heavy fines or prison time. What is insider trading? Insider trading is when you trade in a financial product (for example, shares, options or derivatives of a listed company) while...Read More
How to check for lost member super accounts. What is lost super Lost member super accounts are reported to the ATO by super funds. This happens where the member is either: uncontactable – your fund has lost contact with you and your account hasn’t received a contribution or rollover for 12 months. Changing your name,...Read More
Bills of exchange can look and sound similar to term deposits, but they do not have the same protections and carry a high risk of losing money. What is a bill of exchange Companies are offering high fixed income returns through a product called a bill of exchange. You may have seen offers promising higher...Read More
Find out how the new Payday Super Regulations will impact SMSFs when Payday Super starts from 1 July 2026. With the Payday Super Regulations starting from 1 July 2026, take the time to see how the changes will impact your SMSF. Contribution allocations: a closer look SMSFs will still have up to 28 calendar days...Read More
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