News

A growing number of Australians are using their super to trade cryptocurrency. Some say the risky strategy has paid off in a big way.

Cryptocurrency exchanges are seeing a flood of signups for their SMSF products, as Australians look to invest their retirement savings into digital assets. BTC Markets has revealed that the platform had seen SMSF applicants increase fivefold and that Australians were actively trading tokens within their funds. Business Insider Australia spoke […]
A growing number of Australians are using their super to trade cryptocurrency. Some say the risky strategy has paid off in a big way.
Markets

These are the best and worst performing super funds in Australia in 2020

Online investment adviser Stockspot has ranked the best and worst performing super funds for 2020. They show that Australian superannuation funds are returning anywhere between 9% and -2% returns. With fees having the potential to move retirement balances by $200,000 over a working life, CEO Chris Brycki says it pays […]
These are the best and worst performing super funds in Australia in 2020
News

Around 400,000 young Australians completely drained their super in the first round of early withdrawals, and it will be ‘very difficult’ for them to make it back up

Using the government’s early access to super scheme, 400,000 Australians under the age of 35 — and 480,000 in total — have withdrawn the entirety of their retirement savings, according to estimates from Industry Super Australia. That number is expected to rise with Australians able to make a second withdrawal […]
Around 400,000 young Australians completely drained their super in the first round of early withdrawals, and it will be ‘very difficult’ for them to make it back up
News

We drove the Lamborghini Urus to see if it holds up as a family SUV

Lamborghini made its first SUV since 1986 – the Urus. It’s labelled as a “super” SUV. With supercar-like performance, we reviewed the Urus to see if it still holds up as a practical SUV. Visit BusinessInsider.com for more stories. Following is a transcript of the video. Matt DeBord: Today, I […]
We drove the Lamborghini Urus to see if it holds up as a family SUV
Markets

Kogan.com is taking a tilt at superannuation with its own no frills fund

Online retailer Kogan.com plans its own super fund. The company says the fund will be no frills and ultra-low fee. The fund, provided by Mercer, is expected to launch in early 2019. Kogan.com, the pure-play online retailer with a portfolio of goods and services, is taking on the superannuation industry […]
Kogan.com is taking a tilt at superannuation with its own no frills fund