John Beveridge
John is a highly experienced business journalist and formerly chief business writer for the Herald Sun. He has covered Federal politics in Canberra, was Los Angeles Bureau chief for News Limited and was also chief of staff for the Herald Sun. He has covered a wide range of small and large cap ASX stocks and has a special interest in mining, technology and biotech.
Self-Managed Super Woes
While there are many lessons to be learned from the collapse of the Shield and First Guardian funds that swallowed more than $1 billion of Australian’s superannuation money, key among them is the use of SMSFs.
Weekly Wrap: Australia and the US diverge over interest rates
The past week has been quite a significant one as it became clear that the US and Australia were diverging in a significant way. Here in Australia the ongoing upward trend in inflation made it clear that there is now little hope of an interest rate cut.
Australia Exporting Money for a Change
It's still the case that we are sending plenty of iron ore, beef, and wheat overseas; but, perhaps surprisingly, we are now sending plenty of investment dollars overseas as well.
How to Avoid a Costly Super Mistake
One of the costliest and most common problems with superannuation is failing to appreciate the difference between the accumulation and pension phases for your account.
Weekly wrap: Harsh day on ASX wipes off $40 billion
Another bruising day on the Australian share market on Friday saw it shed almost $40 billion and sink to a six-month low as hopes for US rate cuts once again diminished. The ASX 200 dropped by 136.20 points, or 1.6%, to 8416.50 points as AI worries in the US transferred directly to our market.
Want to Play Games with Your Super Fund?
What would help you to engage more with your superannuation fund? Would a rash of emails do the trick, some good retirement calculators on the website or perhaps direct contact from an actual person asking if you need advice about your super?
Banking Competition Ramping Up As Big Four Falter
It may have escaped your notice, but there is a quiet war going on in Australia’s banking system, growing signs that the old order is slowly passing away and competition is hotting up.
Wrap: Four months of gains wiped out in $37 billion rout
A combination of increasing doubts about interest rate cuts, worries about AI overvaluation and a share crunch on Wall Street combined to strip four months of growth off the Australian share market.
Good News and Bad News About Aussie Superannuation
When it comes to Australia’s $4.3 trillion superannuation system, there are some things going particularly well, and others not so well.
How to Snag an ASX Bargain
One of the best ways to score a bargain when shopping is to trawl through the bargain bins and sales items to find something of good quality selling much cheaper than normal. Take Australian Foundation Investment Company (ASX: AFI), for example.
Weekly Wrap: Is this the end of rate cuts? ASX tumbles as banks slide
Some heavy losses in the banking sector saw the Australian share market record its second consecutive weekly loss as the prospect of no further interest rate falls began to sink in. With the Reserve Bank deciding to hold the cash rate steady during the week the ASX 200 index dropped 58.6 points, or 0.7% on Friday to 8769.7 points. It was an uneven and concentrated fall with six out of the 11 sectors remaining in positive territory but the index still fell 1% for the week.
Death Taxes Do Happen in Australia
The old saying used to be that there's nothing certain about life than death and taxes, and things get really interesting and somewhat complex when you combine the two in the form of death taxes.
The Mysterious Case of the Disappearing Dividends
There used to be an investment rule that if you wanted to invest for dividends, Australia was the place to do it.
Market Wrap: Gold miners lose the tug of war with Consumer Stocks
A tug of war between rising gold miners and a souring consumer sector saw the Australian share market end the week basically flat on Friday. By the close the ASX 200 had fallen just 3.6 points or less than 0.1% to 8881.9 points, although the index had fallen 1.7% for the week. A fairly negative lead in from Wall Street didn’t help with shares in Facebook parent Meta falling, dragging down the rest of the magnificent seven mega-cap technology stocks and causing all three major US indices to drop.
When Averages Turn Mean and Steal Your Joy
It is very true that comparison is the thief of joy and that is particularly the case when it comes to superannuation balances. It seems that every second day there is another piece of financial propaganda warning about how high average superannuation balances are at various ages. The not so hidden meaning is it if […]
Property Boom Flatters Victoria’s Troubled Budget
There’s nothing like a property boom to gladden the heart of any state premier. So Victorian Premier Jacinta Allan must be delighted to see that Melbourne’s median house price has now marched to within $10,000 of its record high. While these higher prices make it harder for first time buyers to get into the market, […]
Weekly Wrap: Can the ASX Overcome Trade Turmoil? Investors Brace for Volatility
It was one of those weeks on the share market when the good news and the bad news fought for domination. In the end, both had a reasonable claim to have won the week, with the Australian share market posting a weekly gain of 0.3% to record its second straight week of gains. On the […]
Super Backdown Fantastic News for Those on Modest Incomes
One of the great things about Treasurer Jim Chalmer’s embarrassing backdown on superannuation tax is the boost it will give to low-income earners. While most of the controversy around super changes has been around those with $3 million or more and how much tax they will pay, the far more important change that has emerged […]
Aussies Packing on the Wealth
One of the most exciting pieces of news recently was that Australians have increased their wealth dramatically. Indeed, our wealth went up by the biggest amount of anyone in the world. Naturally there are some caveats to this achievement – this wealth increase won’t apply to everyone – but just the same it is an […]
Weekly Wrap: Political Uncertainty Causes a Pullback from Record Highs
Political uncertainty led to a weaker Australian share market on Friday as investors went back to gold and jumped off energy and technology shares. With a meeting between Prime Minister Anthony Albanese and President Donald Trump due in the coming week, even shares in critical minerals miners fell as extreme uncertainty surrounded what the meeting […]