News

A tight labour market and sticky inflation suggests that the Reserve Bank is not about to cut the cash rate. Indeed, it’s more likely the bank will lift it again – good news for those with cash and term deposits.

The UK Government is not known for being a soft touch, but until April 2025 it is offering some Australians who have worked in the UK money for jam in the form of a pension top-up.

Technology has widespread appeal for retirees wanting to keep in touch with family and friends. The downside is the potential for having their personal information compromised with 17 per cent admitting they have been scammed.

Despite a royal commission putting seniors’ dental health on the political agenda, it remains stillborn. Meanwhile, the high cost of dental care means many are either delaying or totally avoiding getting treatment.

Older Australians who can afford their health insurance cling to it – despite the rising cost of premiums, out-of-pocket expenses and increasing difficulty in navigating the system.

AMP research finds baby boomers reluctant to sacrifice their living standards to bankroll their offspring into housing. But they (happily) let them keep living at home and paying their bills.

In an era of fake news, it’s getting more difficult to separate fact from fiction. Yet it’s imperative we do so because the consequences for being deceived can be enormous.

Retirees face challenges and opportunities. At The Golden Times, our ambition is to assist you navigate the former – especially financial – while revealing the new vista of opportunities a secure and dignified retirement can bring.

It’s the first time in nine editions of the UBS Billionaire Ambitions Report that the ultra-rich inherited more money than they earned through entrepreneurship, suggesting the $68 trillion intergenerational wealth transfer is already well under way.

Focussing on the quality of a company and how it’s likely to perform is a key part of a high-conviction strategy, says fund manager Claremont Global. It’s also a useful strategy for investors who want access to the AI-fuelled tech phenomenon in the US without getting caught up in the noise.

Tensions in Australia’s relationship with China, along with our neighbour’s weak growth other headwinds, have Australians shying off investing in the world’s second largest economy. But given the countries’ deep connections, ignoring China is easier said than done.

The banking industry’s Scam-Safe Accord aims to “put scammers out of business” through six coordinated initiatives, including name and biometric checks. It’s a good first step for protecting older Australians, who are disproportionately affected by scams, an advocacy group says.