Money Magazine June 2020

We are all facing uncertainty. As much as it would be great to party like it’s 1999 or 2019, we cannot go back to the way we spent, saved or invested before the pandemic. A new approach is needed. Enter our cover story “Beat the Budget Blues” (page 34). The good news is there are many ways to rejig your investing and spending budget to suit the post-Covid-19 world. My best tip? Take action today. This month’s issue is packed with actionable tasks to save you thousands of dollars. For example, don’t get stuck in a high-rate loan (page 49). Latest stats suggest 1 in 14 homeowners has asked for a mortgage deferral, and there are many others who are in a position to re-negotiate their loans while interest rates…

We are all facing uncertainty. As much as it would be great to party like it’s 1999 or 2019, we cannot go back to the way we spent, saved or invested before the pandemic. A new approach is needed. Enter our cover story “Beat the Budget Blues” (page 34). The good news is there are many ways to rejig your investing and spending budget to suit the post-Covid-19 world. My best tip? Take action today. This month’s issue is packed with actionable tasks to save you thousands of dollars. For example, don’t get stuck in a high-rate loan (page 49). Latest stats suggest 1 in 14 homeowners has asked for a mortgage deferral, and there are many others who are in a position to re-negotiate their loans while interest rates are lower. Or…

Our international readers like to stay up to date I am an Indian living in Singapore. Got into the habit of reading Money (digital issue) regularly. I find the articles and advice quite useful. May I suggest some articles on how someone like me could build an exposure to blue-chip Australian stocks or REITs and how this could compare with other developed-market investments. Please include tax implications.  Amit Ed’s note: Thanks for your letter, Amit – it’s always great to hear from our international readers. Your timing couldn’t be any better. In this edition we have articles dedicated to blue-chip stocks (page 74) and A-REITs (page 61). While we haven’t reported comparisons with other developed markets or tax implications in either of these stories, we trust you find them useful…

Our international readers like to stay up to date I am an Indian living in Singapore. Got into the habit of reading Money (digital issue) regularly. I find the articles and advice quite useful. May I suggest some articles on how someone like me could build an exposure to blue-chip Australian stocks or REITs and how this could compare with other developed-market investments. Please include tax implications. Amit Ed’s note: Thanks for your letter, Amit – it’s always great to hear from our international readers. Your timing couldn’t be any better. In this edition we have articles dedicated to blue-chip stocks (page 74) and A-REITs (page 61). While we haven’t reported comparisons with other developed markets or tax implications in either of these stories, we trust you find them useful and we will…

VITA PALESTRANT Vita, who writes for Money about super, says: “With oodles of time on my hands, thanks to Covid-19, I set about researching the origins of the proverb “patience is a virtue”. Some attribute it to Cato the Elder who said: “Of human virtues, patience is most great.” Others attribute it to a later 5th century epic poem “Psychomania”. Conclusion? Until there’s a vaccine, follow the medical experts – and practice being patient.” SUSAN HELY Susan, a senior writer at Money, says: “I’ve discovered so much on my daily walks: old buildings, wild gardens and historical remnants of early Sydney. I visit a tree full of nesting pied cormorants or paper barks with sleeping tawny frogmouths. I meet people with their beloved pets – this morning a man walking his cat –…

VITA PALESTRANT Vita, who writes for Money about super, says: “With oodles of time on my hands, thanks to Covid-19, I set about researching the origins of the proverb “patience is a virtue”. Some attribute it to Cato the Elder who said: “Of human virtues, patience is most great.” Others attribute it to a later 5th century epic poem “Psychomania”. Conclusion? Until there’s a vaccine, follow the medical experts – and practice being patient.” SUSAN HELY Susan, a senior writer at Money, says: “I’ve discovered so much on my daily walks: old buildings, wild gardens and historical remnants of early Sydney. I visit a tree full of nesting pied cormorants or paper barks with sleeping tawny frogmouths. I meet people with their beloved pets – this morning a man walking…