Key events in August 2026 Global shares delivered a solid 2.4% gain in August in local currency terms. However, a rising Australian dollar constrained the performance for unhedged global shares portfolios to only a 0.6% gain. US share prices achieved historic highs given optimism on Artificial Intelligence (AI) prospects and encouraging US corporate profit results. … Read more
Most super funds offer insurance through super, including life, TPD, and income protection. Types of life insurance in super Most super funds (except self-managed super funds) offer 3 types of insurance to members: Life cover (also called death cover) pays a lump sum or income stream to your beneficiaries. It pays when you die or … Read more
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
A healthy super balance doesn’t always rule you out of the Age Pension Many Australians assume a healthy super balance means they’re not eligible for the Age Pension. But that’s not always the case. If you have a decent superannuation balance and other financial assets, you may have ruled out the possibility of getting … Read more
