Most superannuation benefits are “preserved”. That is, they cannot be accessed until certain conditions have been met. These are referred to as “conditions of release”. The most common conditions of release include: Retirement, after having reached preservation age (see the following table) Turning 65 years of age, even if...
Allowing citizens to dip into their retirement accounts to help them afford their first home is common practice overseas, but experts say it’s hard to know the extent to which they’ve jacked up house prices. The Morrison government’s election-eve proposal to allow Aussies to withdraw a...
Every home owner has been there. You look around your home and try to decide: are you better off renovating the home you have or selling and purchasing a new home? While the decision is very individual, these are a few of the most important...
The minutes of the Reserve Bank of Australia’s May board meeting have indicated it is prepared to raise the cash rate by larger increments to tame inflation if needed. Such a warning will do little to soothe already crumbling consumer confidence, which has sunk to its...
Apple has discontinued the iPod music player after more than 20 years on the market. The most recent version of the device – the iPod Touch – has not been updated since 2019 and many of its features are now incorporated into other Apple devices and...
The rapid growth of a disability support service in Sydney’s west resulted in a “dangerous” situation with clients not properly supervised, a royal commission has been told. A former senior staff member with the Mt Druitt day program, identified as Dianne, said the service was growing...