Australia News

Aussies could be $300 richer in one-off tax relief measure

The budget could be one of the most significant in decades as the government pledges major changes in the face of rising global conflict and inflation.

How high do UBS and Macquarie think this ASX gaming stock will go?

Despite a weaker-than-expected quarterly, there's upside to be had. The post How high do UBS and Macquarie think this ASX gaming stock will go? appeared first on The Motley Fool Australia.

A lottery winner got $16 million - then went $500,000 in debt in 3 months

Winning the lottery sounds like the ultimate escape, but the money can create problems just as fast as it solves them. Experts often advise winners to hire lawyers, avoid scams, protect themselves from harassment, and make careful decisions about spending, debt, taxes, and whether to take a lump sum or annual payments. The transcript highlights one winner who received $16.2 million, then fell $500,000 into debt within just three months. The real lesson is harsh: a jackpot can change your bank account overnight, but it cannot replace discipline, patience, or financial judgment.

‘Outlier’ behind Aussie dollar’s 4-year high

The surprising reason for the Australian dollar being propelled to a four-year high has been revealed.

$1.5 billion for manufacturers affected by tariffs

Ottawa announced on Monday that it would invest an additional $1.5 billion to support businesses affected by U.S. tariffs on metals, which were expanded by Washington last month.

Countries with the most millionaires and billionaires

Money might not make the world go around in a literal sense, but it certainly does give it a helping hand. Between investments, inheritances, and good business, there are cities around the world that have accumulated a nice list of wealthy people. But we’re here to look at which countries most of them call home. Curious? Click through the gallery to see which nations boast the highest number of millionaires and billionaires.

How Mark Zuckerberg has built his wealth

Couple save $800 a week after copping 9 per cent interest rate in mortgage tactic ‘becoming more common’

Rachael Dalton and Gavin Staindl just had their first child. And thankfully, they'll have about $800 a week extra to spend on caring for the new addition to their family. That's because the first home buyers have come out the other side of a financially brutal year. Due to the nature of their income, major banks wouldn't give the Victorian couple a...

Seraphim Space boss on why its shares have rocketed and what next: INVESTING SHOW

The prospects for investors go far beyond Elon Musk's posterchild firm Space X, says a UK fund manager with a difference.

Consumers hang tough despite echoes of COVID headwinds

Economic echoes of the post-COVID-19 period indicate global volatility will not break Australia's hunger for credit, lowering the odds of recession.

4 ways to invest in gold for retirement

If you’ve been watching the gold space in recent years, you may know that the precious metal has significantly appreciated in value since 2000, now sitting above US$4,500 per ounce. The gold price has increased 1,400 percent since the turn of the millennium, when it was under US$300. Even when adjusting for inflation, the value of gold is still up ...

My friend says he invests using loans to "amplify gains." Is that smart or a fast way to lose everything?

Borrowing money to invest can sound like a cheat code for building wealth faster. Your friend is talking about leverage, which means using debt to increase the size of an investment position. It can magnify gains when prices rise, but it can also magnify losses just as fast. That is the key fact that often gets buried in the sales pitch.

Copper bull Belararox lands three new strategic investors in $4m capital raising

Three new strategic investors bring $4m and significant investment and business experience to copper bull Belararox. ... Read More The post Copper bull Belararox lands three new strategic investors in $4m capital raising appeared first on Stockhead.

European stocks rally, oil falls on hopes of US-Iran breakthrough

Some of Europe’s leading stock indices climbed more than 3% on Wednesday, while oil prices retreated as hopes for a diplomatic breakthrough in the Iran conflict boosted market sentiment. View on euronews

Australians face mortgage stress after RBA lifts interest rates to 4.35%

There's growing frustration among households as they look for ways to absorb the reserve bank’s third rate rise this year. Mortgage borrowers are shouldering most of the burden to tame inflation. But there are warnings of even tougher times ahead if inflation doesn't come down soon.

2 high-quality ASX 200 shares experts rate as buys

Experts say these businesses are undervalued. The post 2 high-quality ASX 200 shares experts rate as buys appeared first on The Motley Fool Australia.

Trump’s economic strategy tests strength of dollar

Spanish outlet elEconomista.es reported that despite political pressure from the White House and growing geopolitical tensions, the dollar continues functioning as the backbone of the international monetary system. Trump targets dollar According to elEconomista.es, Trump has increasingly treated a weaker dollar as a political objective, arguing it ...

5 years ago, $10,000 bought 501 Woodside shares. But how many would it buy now?

This business has delivered significant returns in 12 months. The post 5 years ago, $10,000 bought 501 Woodside shares. But how many would it buy now? appeared first on The Motley Fool Australia.

Surprising new data shows cash is making a return in Australia - and the unusual reason for it

Data collected by the Reserve Bank of Australia has revealed cash is being used more by younger Australians.

The superannuation myth that could cost you $100,000 before you retire

Switching to conservative super options to feel safer could be the most expensive financial decision you make. The post The superannuation myth that could cost you $100,000 before you retire appeared first on The Motley Fool Australia.

This is how men got filthy rich in the Middle Ages without being born royal

Getting rich in the Middle Ages depended on birth, land, war, trade, religion, and knowing which powerful people to avoid. The video covers rulers like Basil II, nobles like Thomas of Lancaster, Queen Isabella, and Hugh Despenser the Younger, showing how proximity to the crown could create massive wealth. It also explains how knights made money through ransoms, how monasteries and bishops built fortunes, and how men like Thomas Wolsey rose from modest backgrounds to enormous influence. The strongest money paths came through trade and banking, from the Medici bank founded in 1397 to Francesco Datini’s rise during the Hundred Years War and Mansa Musa’s legendary gold wealth in 1324.

Positive Wall Street news and oil fall a potential boost for ASX 200

Hello, and welcome to HotCopper‘s Market Open for Wednesday, Week 19, I’m Colin Sandell-Hay The ASX 200 is tipped to potentially rebound on positive Wall Street news overnight and a 3.83% fall in Brent crude prices. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotif...

Nextdc wraps up $1.7bn hybrid offer, lifts liquidity

NEXTDC has completed its A$1.7 billion Hybrid Securities Offer, boosting liquidity to A$8.4 billion and supporting its ongoing growth plans. The post NEXTDC wraps up $1.7bn hybrid offer, lifts liquidity appeared first on The Motley Fool Australia.

Can you really afford a house in 2025?

Burberry bounces back into black with pre-tax profits forecast to be £88m

While the Middle East war has dealt a blow to rivals such as LVMH for Burberry the region is just 3 per cent of its sales.

How much retirement income do you think you need?

A survey reveals that retirement costs are less than many people assume. The post How much retirement income do you think you need? appeared first on The Motley Fool Australia.

Cash and crypto seized from suspected $5m NDIS fraud syndicate

Police seized upward of $176,000 in cash, precious metals, and cryptocurrency across five raids last month.

How to invest $5,000 for passive income in superannuation?

Superannuation is a powerful tool to unlock strong dividend income. The post How to invest $5,000 for passive income in superannuation? appeared first on The Motley Fool Australia.

Why millennials could become the wealthiest generation

Millennials are set to be worth trillions! According to a new report, those born between 1981 and 2000 will be the richest generation in history. But there's a catch! So, what is this windfall all about, and who exactly stands to benefit? Click through and spend some time crunching the numbers.

$10,000 invested in Xero shares 3 weeks ago is now worth...

Timing can make a big difference, as missing out on this rally showed me. The post $10,000 invested in Xero shares 3 weeks ago is now worth… appeared first on The Motley Fool Australia.

Record silver price a key Q1 tailwind for miners

Following an unprecedented first quarter that saw silver prices break into triple digits before sharply correcting, the sector’s top producers registered massive cash generation and bolstered balance sheets. Silver achieved a historic milestone early in the first quarter, surging past US$100 an ounce and hitting an all-time high of US$121.62 on Jan...

Stealth raid puts £210bn extra in taxman's pocket

Income tax revenues have already risen by 50 per cent since the freeze began, hitting a total of £330billion last year.

Albanese government to bring back COVID-era tax breaks for struggling businesses which cost billions

The aim of the revived policy is to support businesses in the wake of soaring prices resulting from the conflict in the Middle East.

17 celebrities making more money from business than their day jobs

From Dolly Parton's Dollywood to George Clooney's Casamigos, we reveal the 17 most successful celebrity side hustles.

Treasurer to bank tax windfall from Iran war in federal budget

The extra tax revenue generated by the Iran war will be saved in its entirety, as the government downplays major cost-of-living relief in next week's federal budget — though the treasurer warns those gains will be small.

Bank of England holds interest rates at 3.75% again: What it means for your mortgage and savings

The Bank of England has once again opted to hold interest rates at 3.75% today, but the base rate is now expected to rise later in the year.

I am a 40% taxpayer on over £50,000 – I don't know what tax relief I'll receive on my pension

How it works depends on the type of scheme you are paying into

Big bank warns of recession risk as uncertainty lingers

The head of Australia's second-largest bank is more worried about businesses delaying investment decisions than the impact of higher interest rates.

10 false savings that hurt your wallet

It’s easy to fall into the trap of false savings—those purchasing practices and behaviors that seem advantageous in the short term but ultimately result in higher costs over the long term. The trap lies in evaluating an expense solely based on its initial cost in order to save money right away.

Minecraft, but your emeralds = your money

Minecraft, But Your Emeralds Your Money! #minecraft

How to make bank by reselling what the government loses money on #sidehustle #sidehustleideas

Power, profit and policy: The deeper impact of the clean energy shift

Recent fuel shocks have forced governments to rethink priorities quickly. In several countries, energy strategy now sits at the centre of national planning rather than on the sidelines. Europe’s exposure during the 2022 gas crisis offered a stark lesson. Prices surged within weeks, squeezing households and forcing emergency interventions. That expe...

Experts explain how to help your adult children with money

Experts explain how to help your adult children with money without harming your finances - Experts on how to help your children with big expenses - without bankrupting yourself

Putin earns billions from the oil crisis — but Russian financial figures are still sounding the alarm

Imagine getting a surprise bonus at work, only to realize it barely covers your mounting daily debts. Financial pressure is incredibly hard to escape when the underlying foundation is broken. A very similar scenario is happening right now — the scale is much larger, as we are talking about the economy of an entire country. A temporary boost Since t...

I run a wealth management company - this is what I would and wouldn't do with £50,000

The instinct for most British investors will be to either sit in cash or reach for property. In my view, both are the wrong answers right now.

The outrageous real estate secrets of the world's multi-millionaires

From billionaire basements to celebrity closets and secret bunkers, we've uncovered the real estate secrets of the world's most luxurious houses

The seven factors that will decide if the RBA raises interest rates on Tuesday

Business journalist Emily Stewart walks you through the elements that will contribute to the RBA's decision to change the cash rate on Tuesday.

A billionaire just accidentally delivered the most compelling argument for a wealth tax | Opinion

Google co-founder Sergey Brin, one of the three or four wealthiest people in the world, with a net worth hovering around $260 billion to $277 billion, is devoting some of his wealth to fighting California’s wealth tax on billionaires. So far, he’s spent $57 million trying to defeat the measure. Brin’s actions — along with Elon Musk’s $250 million “...

Gold digger: As war rolls on, investors are getting back into gold ETFs

Investors delivered US$6.6bn in gold ETF inflows in April, with investors returning to bullion after a war-driven sell-off in March. ... Read More The post Gold Digger: As war rolls on, investors are getting back into gold ETFs appeared first on Stockhead.

How money works

Money is a collective belief system built on trust, and understanding how it is created, moved, and destroyed reveals who actually holds power in modern society.