A 56-year-old former Beaumaris tax agent was yesterday sentenced to five years’ jail for tax fraud, after pleading guilty to taking more than $4.1 million from his clients and the Australian Tax Office. Richard Hogg was […] Victorian Tax Agent Sentenced to Five Years’ Jail […]
Having money helps, but economists are learning there are other things we need to feel happy, writes Gigi Foster. We’re often told that money can’t buy happiness. In fact, economists‘ focus on income instead of happiness is one Money does affect your happiness, but it’s complicated […]
Financial elder abuse, life savings lost through shonky investments – older people are high risk because they have more money just before retirement, on average, than at any other stage in their lives, says QUT PhD researcher Sylvain Hohn.
Mr Hohn, from QUT Business School, is investigating how older people make financial decisions and their preparedness for the potential financial risk posed by age-related cognitive decline.
“Financial decision-making is crucial for financial well-being and as we grow older, these decisions become even more vital,” Mr Hohn said. QUT research show that seniors are at high risk around financial decisions […]
Australians over 50 are three times more likely to fall victim to a scam than younger generations, new data from Commonwealth Bank reveals. Older men are more susceptible to scams than older women, with those Older Men Most Vulnerable to Scams […]
Question: I have been working in the corporate world for some time now and it has always been my dream to go into entrepreneurship someday. Though I enjoy good pay from my company, I can’t 5 Money Mistakes That Prevent You from Becoming Wealthy […]
A further 100 alleged contraventions against the Commonwealth Bank of Australia (CBA) have been filed in Dec by the Australian Transaction Reports and Analysis Centre (AUSTRAC), the Government’s financial intelligence and regulatory body, adding to the current civil penalty proceedings. AUSTRAC Expands Civil Penalty Case Against CBA […]
“Does anyone in FP&A ever review the accuracy of their predictive financial models from time to time?” That’s the question I posed on LinkedIn recently, and it generated a surprisingly good discussion. It turns out What Does a Good Forecast Look Like? […]