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Natural diamonds, including pink diamonds, held in loose form are not considered collectable or personal use assets under super law, and thus do not have specific storage and insurance requirements.

The rule book on investing in cars, wine or diamonds

Because they’re classified as collectable or personal use assets, strict rules apply to their acquisition, storage, insurance and use if held by an SMSF.

  • 38 mins ago
  • Colin Lewis
AFR

A child won a share of her dad’s estate – despite planning to kill him

A 75 per cent success rate in contesting wills is encouraging more family members to sue for a bigger share. Here’s how to protect your final wishes.

  • 38 mins ago
  • Duncan Hughes

How will $3m super tax work when my balance goes all over the place?

You won’t get a refund if you’ve paid the tax and your fund later loses money. But you can carry forward the loss to offset gains in later years.

  • John Wasiliev

The $10,000 and $30,000 rules for art that will make you money

With 83 per cent of young collectors buying art for financial reasons, here’s how to make sure you know what you’re doing.

  • Lucy Dean

I’m an expat with shares and property. What are my tax obligations?

One of the most common mistakes expats make is not adjusting their investment strategy to minimise tax, advisers say.

  • Penny Wise

Australian Club showdown gives members indigestion

You know what totally ruins the vibe? Democracy. Of which members of Melbourne’s prestigious Australian Club have had a gutful.

  • Updated
  • Myriam Robin

Wealthiest Australians

Minderoo Foundation chief executive John Hartman.

Forrest-backed Minderoo to become bigger philanthropic force

The financial endowment behind Andrew and Nicola Forrest’s philanthropic Minderoo Foundation is expected to grow towards $40 billion by the end of the decade.

  • Brad Thompson

The homeschooled billionaire who built a fortune before turning 40

Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.

  • Julie-anne Sprague
Goldman Sachs’ headquarters in New York. The investment banking giant has made a concerted push into private wealth in Australia.

Goldman eyes local banking licence to grow ultrarich lending business

The Wall Street investment banking giant has made no secret of its desire to expand its private wealth division. There are limits on what it can do.

  • Primrose Riordan
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This Month

Minderoo Foundation chief executive John Hartman.

Forrest-backed Minderoo to become bigger philanthropic force

The financial endowment behind Andrew and Nicola Forrest’s philanthropic Minderoo Foundation is expected to grow towards $40 billion by the end of the decade.

  • Brad Thompson
Ivan Power

Albanese’s new fund manager CEO doubles down on meetings

The new $15 billion National Reconstruction Fund is already doing strange things, including holding its first two board meetings on the same day.

  • Aaron Patrick
In slowing global growth markets, hedged emerging market local rates can perform well.

The three reasons your portfolio needs emerging markets

A key attraction is the ability to invest across segments that often react differently to various macroeconomic environments.

  • Cathy Hepworth

What you’re missing out by investing only in Australian shares

With low forecast earnings domestically, if you aren’t diversifying across markets, it’s time to do so now.

  • James Weir

Philanthropy 50: Which Australians gave away the most in 2023? 

Donations from Australia’s biggest private givers have jumped to a record $1.25 billion.

  • Lisa Murray
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Pick any of the strongest cash generators on the ASX and you will find a business at the cutting edge of AI.

Five ways to play the long-term AI theme on the ASX

There’s probably no Australian-listed company that’s not using AI in some way to become more efficient and improve margins. But who might the bigger beneficiaries be?

  • Elio D'Amato

The homeschooled billionaire who built a fortune before turning 40

Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.

  • Julie-anne Sprague
Lending to stable mid-market companies in the US and Europe is the most favourable segment of private credit.

The best private credit opportunities are in the US, Europe right now

Target returns from private credit are around 5 per cent to 6 per cent above the RBA cash rate.

  • Mark Draper
Lukas Winward says the beauty of golf is that the act of playing, walking and teeing up gives people plenty of time to think.

The happiest retirees have these things in common

Someone who retires at 67 and is lucky enough to live to 87 in good health has 7300 days to fill. Make them happy ones, advises The Golfing Counsellor.

  • Lucy Dean
AFR

House deposit or HECS debt: what’s best for the kids?

Soaring student loan debts can reduce first home buyer lending capacity by up to $140,000, according to analysis by RateCity.

  • Duncan Hughes and Lucy Dean
Insolvencies are the highest since ASIC started keeping records in 1999.

Business bankruptcies are at a 25-year high and that’s very bad news

In total, 1131 businesses went bust in the month, which was the largest number since ASIC started collecting these statistics in 1999.

  • Christopher Joye
The ASX  opened lower after another poor day on Wall Street.

The curse of market concentration is spreading

Concentration risk has tended to be predominantly confined to the Australian market but as investors diversify overseas, they face a similar problem in the United States.

  • Ben Smythe
A question of super.

How do I calculate my tax-free super pension limit?

The transfer balance cap has increased twice since its inception to reach $1.9 million. Calculating how to stay within it can be tricky.

  • John Wasiliev

New superannuation tax may hit venture capital

SMSFs will shy away from investing in start-ups for fear of being slugged with big tax bills on unrealised gains.

  • Peter Burgess
Bakery owner and author Reshmi Bennett makes about £1000 ($1940) a month passively selling children’s baking eBooks and recipe downloads.

‘My side hustle brings in $23k a year – without me even realising it’

Instead of trading your time for a wage, as with typical jobs, people who earn a so-called “passive income” do so with minimal input. But how easy is it really?

  • Amelia Murray
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“Getting started is so much easier now,” says Aussie Angels’ Cheryl Mack

Three ways investors can back the next Canva

Dozens of angel investing clubs are allowing sophisticated investors to buy a piece of early-stage start-ups for as little as $10,000.

  • Tom Richardson
Chef Mark Davis outside his home at Raymond Terrace.

Mark escaped mortgage prison. Thousands more remain trapped

Brokers say “lowball” valuations are on the rise as home owners struggle to refinance.

  • Lucy Dean
Minderoo Foundation chief executive John Hartman has swung the axe.

Forrests’ $10b philanthropic foundation to cut 100 jobs

Andrew and Nicola Forrest’s Minderoo Foundation will shed about a third of its workforce in an overhaul aimed at making better use of its iron ore endowment.

  • Brad Thompson
Play Monopoly like a property tycoon.

Nine of the best games to play to supercharge your investing

What if you could learn everything you need to know about investing by playing a few board games? Here are nine that will give you a head start.

  • Andrew Hobbs
Consumer spending may start to turn around from mid-year.

Where to shop for opportunities in the retail sector

Consumer spending may start to turn around from mid-year, throwing up opportunities in retail companies.

  • Scott Haslem