Innholdsfortegnelse for November 2025 i Money Magazine

Kids. A natural yet frustrating part of their continuing frontal-lobe development – the part of the brain responsible for decision making, planning and impulse control – is that they don't always take kindly to very worthy parental advice. Can you tell I have a teenager and young adult in my life? Worse (for us parents) is that the average human's frontal-lobe growth isn't complete until they're about 25. That means that from their late teenage years, when many start earning at part-time or full-time jobs, they aren't exactly equipped to make good, long-lasting strategic financial decisions. This is a long-winded way of saying that they're often not interested in choosing a good super fund. To their minds, it's boring and irrelevant and can be dealt with, just like the dishes,…

Have you recently sold an investment property, shares or cryptocurrency? If so, you may have triggered a capital gains tax (CGT) event, which means you could be making either a capital gain or a capital loss. A capital gain arises when the selling price of your asset is higher than what you originally paid, while a capital loss occurs if you sell it for less. If you have held the asset for more than 12 months, you may be eligible for the 50% CGT discount. This means that only half of your net capital gain is added to your taxable income, reducing the amount of tax payable. For example, if you made a $40,000 gain, only $20,000 would be included in your tax return under the discount method. Importantly, capital…

More than half of adult children (53%) still rely on the bank of Mum and Dad to financially support them, according to a new ING study. Primarily covering food and medical expenses, parents are shelling out $1635 per month on average. Interestingly, the support varies significantly across generations, with 76% of Gen X parents providing financial aid, compared to 44% of Boomer parents. When asked about the right time for adult children to start contributing to household finances, three in four ING customers believe it should begin at age 18. Parents believe kids should start contributing financially by paying for their own extracurriculars (73%), covering transport and rent or board (71%), and funding holidays (65%). More than half also think they should chip in for groceries (53%) and help with…

PWR, a maker of advanced cooling products for the motorsports and aerospace sector, was poor but entirely expected. Revenue, profit and earnings per share all fell sharply, reflecting temporary headwinds from higher costs, new investments, and weak automotive demand. Earnings per share were down 60%. The company is transitioning to a larger manufacturing plant, building capacity to meet future demand. The near-term profit slump masks an enviable competitive position. PWR designs world-leading cooling systems used across Formula 1, hypercars and high-performance industries. As new F1 regulations boost battery output, demand for advanced cooling will rise. The Intelligent Investor John Addis The emerging Aerospace and Defence division adds another long-term growth engine. PWR has doubled its list of approved customers and will deliver its first US government contract next year. While…

I have $400,000 in the bank at the moment, earning 4.50%. I am on an income stream from my super, which will run out in mid-2027. I receive a very small part pension from Centrelink. I will require the $400,000 to provide me with an income while preserving the capital. I have been considering investing in government and corporate bonds. What do you think? CASE STUDY HAVE A QUESTION? If you have a question you'd like Paul to answer, email money@moneymag.com.au or write to Level 7, 55 Clarence Street, Sydney NSW 2000. Questions need to be 250 words or less and you must be willing to be photographed. Readers who appear on this page will receive a 12-month subscription.…

Hand Gen Z a tech device, back it up with wi-fi and there is no limit to what this tech-savvy generation can discover, learn and absorb – a skill envied by plenty of parents. But as they embark on adult life, Gen Z faces poor housing affordability and the prospect of entering the workplace burdened with a five-figure student debt. Growing personal income Employment earnings can be fundamental to achieving financial security and close to one in two Gen Zs is investing in their income-earning potential by undertaking tertiary studies. It's a move that typically pays off. Figures from the Australian Bureau of Statistics (ABS) show degree-qualified workers earn about $1632 each week compared to $1000 for those with no post-school qualifications. But, for now, Gen Z is at the…

It's easy to dismiss the Baby Boomers as a generation buoyed by housing wealth. But the picture isn't that simple. Boomers haven't benefited from career-long employer-paid super, cheap online broking or low-fee investments such as ETFs. On the other side of the ledger, Boomers face unprecedented longevity. This can raise concerns about how to fund a retirement that could extend for 30 years or more. Personal income: it's not always about winding down Boomers are reshaping retirement, with many staying on at the coalface far longer than previous generations. According to KPMG urban economist Terry Rawnsley, 20 years ago, one in 10 men was working at age 70. Today, that figure is one in four. Even among men aged in their late 70s, one in 10 remains in the workforce.…

The business of transferring money overseas is highly competitive and it pays to shop around for the best deal on fees and currency rates. The Australian Competition & Consumer Commission's (ACCC) updated Foreign Currency Conversion Services inquiry in 2024 found that the big four banks were often more expensive than other suppliers for buying foreign cash and international money transfers. For common currencies, such as US dollars and British pounds, the ACCC found the big four banks were rarely the cheapest option. The ACCC explains that some commercial comparison websites are not independent and suppliers can pay to promote their services on the site, while others do not include all services, so they're not comparing all options. Check the two government-funded comparison websites for international money transfers. They compare prices…

The plusses 1 High rental yields. On average, you can expect a 10% -12% gross rental yield, says Property Dollar, an app that helps to make property decisions. That means if you invest $200,000 to build a granny flat, it could rent out for $400 a week generating $20,800 a year. This compares with gross rental yields of about 3.5% for houses and 4.5% for units. 2 You can start or add to your investment portfolio with a relatively low outlay – $100,000 to $200,000 compared with $800,000 plus for a house in most instances. This would particularly suit those without either the appetite or ability to borrow large sums, such as an older couple who no longer needs a large backyard. 3 Tax benefits. You can claim depreciation on…

Investing is essentially all about deferring present-day consumption for a future period of time. It can be characterised as saving money for a ‘rainy day’ or to meet some future goal, meeting future income requirements, enabling money to compound over time, and as a means of ensuring that inflation does not erode the purchasing power of our money. We've all seen the scourge and magnitude of inflation over the past few years. And it has been a major focus for the Reserve Bank of Australia (RBA) in setting monetary policy (interest rates) to try to get the inflation rate back to the 2%-3% target band. Inflation has been unavoidable since the dawn of time. To illustrate the cruel reality of inflation diminishing $100 over time, let's take a $100 polymer…

For years, large-cap growth stocks – especially the Magnificent 7 tech giants – have dominated headlines and portfolios. Their strong performance has driven impressive returns for equity ETFs with heavy US exposure. Take the S&P 500 Total Return Index, for example. As of mid-September, it had delivered an average annual return of more than 20% (in AUD terms) over the past three years. But markets don't stand still and past performance is not a reliable indicator of future performance. As cycles shift and the definition of large cap tightens, leaning too heavily on these giants can mean taking on more risk than you might expect. Portfolios focused solely on large-cap growth are starting to look more alike and less resilient. These stocks can swing sharply when sentiment changes or sector…

Each year Australians leave our shores to take up attractive, well-paid jobs overseas in industries such as medical research, finance, IT and engineering, which can eventually lead to coveted senior roles back home. The question is: what happens to your super while you are abroad? It's essentially a tax-effective retirement investment that drip feeds 12% of your salary into your account, allowing earnings to compound, often for four decades or more. Without those contributions your super will be hit. The longer you are away, the bigger your shortfall will be at retirement. So it's important to speak to your fund. Strategies to stay on track You need to find out whether you can make contributions from overseas and what it means for your life insurance. Given super's complexity, it's worth…

Coeli Frontier Markets The fund's strategy combines top-down country assessment and bottom-up stock analysis to seek out high-quality companies in frontier markets. Does tend to have a long holding period and invests in lesser known markets. East Capital Global Frontier Markets The fund looks to combine high growth with valuation discipline to deliver consistent risk-adjusted returns from a wide spectrum of countries, sectors and companies. Investment style is based on bottom-up stock-picking through a fundamentally research-driven, long-term and local investment approach. Tundra Sustainable Frontier Fund A fund that aims to deliver solid financial returns by investing in competitive companies whose products and services will see rising demand over time – businesses with principled controlling shareholders and capable management teams that account for their environmental impact and treat employees well.…

One of my past clients was a bit of a legend at my broking house. He was focused. He was objective. He was a young Australian who lived in Bali. He had inherited $500,000 that he didn't expect or need and, with no stockmarket knowledge, he set about investing it. His first step was to find me: sought me out. He even did his homework when finding a broker. BB (as my colleagues called him – a play on Bali Boy), interestingly, had all his own ideas and almost all of them were good. It reached a point where my broking colleagues started surreptitiously monitoring his account in the admin back end to find out what he was doing and when. The chatter in the lift was regularly about what…

Sometimes investing feels a little like watching the Olympics. We want Australia to do well. We cheer for our countrymen and women, bask in their reflected glory and celebrate our medal tally (measured on a per capita basis, obviously). But we also know that as good as our athletes are, and despite punching above our weight, some of the very best athletes in the world are from other places. It's the same with investing. The ASX has its champions – BHP, CSL, Macquarie and the like – but it's a relatively small pond. Our exchange makes up only around 2% of global stock markets, while the US accounts for roughly 60%. That sheer imbalance in size and depth means the US is home to not just more companies, but more…

Source: Rainmaker Information. Data sourced August 31, 2025. *Numbers stated here depict averages, other than the Rank column, which is the total number of funds in the category. For any queries on these tables, please contact info@rainmaker.com.au. The tables on these pages contain data and information to help you compare managed funds, which are pooled funds managed professionally by investment experts. Managed funds displayed in these tables are multi-sector or asset class specific. Multi-sector managed funds invest across a diversified mix of asset types spanning equities, property, bonds, cash, infrastructure, private equity and alternatives. Managed funds are normally set up as unit trusts. You may be able to invest in them directly or through a platform. These products may be recommended to you by a financial adviser. The performance results…

Association of Superannuation Funds of Australia (ASFA) 1800 812 798 (outside Sydney) 9264 9300 (Sydney) superannuation.asn.au Australian Communications and Media Authority 1300 850 115 acma.gov.au Australian Competition and Consumer Commission 1300 302 502 accc.gov.au Australian Energy Regulator aer.gov.au/consumers/making-a-complaint Australian Financial Complaints Authority 1800 931 678 afca.org.au Australian Securities and Investments Commission (ASIC) 1300 300 630 asic.gov.au Australian Securities Exchange (ASX) 131 279 asx.com.au CPA Australia 1300 737 373 (within Australia) +61 3 9606 9677 (outside Australia) cpaaustralia.com.au Do Not Call Register To reduce telemarketing calls 1300 792 958 donotcall.gov.au/contact-us/contact-details Fair Trading/ Consumer Affairs ACT: 132 281 NSW: 133 220 NT: 1800 019 319 QLD: 137 468 SA: 131 882 TAS: 1300 654 499 VIC: 1300 558 181 WA: 1300 304 054 Financial Counselling Australia National Debt Helpline: 1800 007 007…

CALENDAR OF EVENTS Tuesday, November 4 RBA interest rate decision Thursday, November 6 Balance of trade Wednesday, November 12 Westpac consumer confidence Thursday, November 13 Unemployment rate Saturday, November 29 Cotality dwelling prices You've just finished dinner at a restaurant with friends. Bellies are full, chairs are groaning and that one friend has inexplicably ordered another beer, despite the fact that everyone else is ready to pay the bill and head home. Before you can settle the bill, there's one final hurdle to overcome. No, it's not discreetly hitting the ‘no tip’ button on the card machine or trying to nab that last piece of dessert without anyone noticing. That final hurdle most dinners out with friends lead to is the dreaded splitting of the bill. Is everyone going to…

BOOK OF THE MONTH WHY PROPERTY VALUES RISE by Terry Ryder, (Major Street Publishing, $32.99) Australians love property and when it comes to buying a home we all want to know where is the best place to buy. This is where this book can help. Author Terry Ryder has been in the residential property landscape for more than 40 years and he explains that more important than location is the local economy. A property located close to schools, public transport, hospitals is part of a vibrant local economy and these are the properties that will earn capital growth for their owners, he says. He explains why prices rise more in some places than others and provides a map to help readers locate the outperforming properties nationwide. Five readers can win…

The Australian exchange traded fund (ETF) market is forecast to hit $300 billion in funds under management by the end of the year, according to a new report released by Global X ETFs. That's after the local market notched $21.3 billion worth of inflows in the first six months of 2025 to reach a new record level of $280.5 billion. Defence ETFs have been particularly popular of late, with Global X suggesting that investors have been attracted by the prospect of revenue and earnings growth in the sector as governments beef up defence spending. Meanwhile, technology and cryptocurrency thematics have also seen strong inflows. At the same time as investors have been pouring money into ETFs, providers have been bulking up their offerings, with senior product and investment strategist at…

ACTION STATIONS GoPro – Max2 360 Camera Whether it's a trekking expedition or a trip to the snow, the Max2 360 Camera from GoPro is built for travellers wanting to capture more immersive action shots. That's because the Max2 360 Camera is capable of shooting 360-degree video in 8K resolution and, thanks to the positioning of the lenses, any selfie stick used while filming will become invisible. It's also possible to operate the camera remotely with voice commands or with a remote control (this will need to be purchased separately). The Max2 is waterproof up to five metres and can operate in temperatures ranging from -10°C to 35°C. Cost: $849.95 gopro.com CUT THE NOISE Bang & Olufsen – Beo Grace Earbuds For many travellers, the prospect of enduring a long…

This is a pretty straightforward sounding question, Sandra. But it takes us into a very complex and potentially dangerous world. The truth is that I am not going to be able to give you the direct answer you want. But I do think I can give you and, I suspect, many other Money readers, a very brief introduction to the extremely complex world of government and corporate bonds. Most importantly, I can direct you to reliable information. But from there I want you to seek advice from a professional adviser. I'm not trying to cop out, but there are so many options. Some junk bonds are high risk and high return. Other bonds, in particular government bonds, can be low risk and low return. This means a bond portfolio must…

The years from our late 20s to mid-40s are among the most financially demanding that many of us will experience. It's a time when we need to juggle the costs of buying a home and raising children, all while climbing the career ladder. Add in the need to plan ahead by growing investments and nurturing our super savings, there's no doubt that Millennials have a lot on their financial plate. Growing personal income With an increasing level of experience under their belt, Millennials can expect to enjoy a solid uptick in income. By ages 35-44, the median weekly full-time income for males is about $2000 and about $1815 for women. Although it's a healthy lift on incomes from their early 20s, this money often has to stretch a long way.…

How much better is it going to be to reduce bills, debt and ongoing maintenance costs? And what opportunities can greater flexibility and financial freedom bring? Does the new home or business structure align with the environmental realities that exist for you now, not 20 years ago? Will this change allow you to have more time and be physically closer to the people that matter, such as family and friends, and the activities that keep you connected to your community? How much happier will you, your family or business be in 10 years time once you've made the change?…

Granny flat construction is set to boom, becoming part of the solution to Australia's housing affordability crisis, according to the Housing Industry Association (HIA). An HIA survey of builders shows that they are expecting to build 10 times more granny flats in 2026 than they did in 2022. A driver of this trend to build secondary homes in Australian backyards is the move by most States to make it easier. NSW started the ball rolling in 2009 and a 2023 HIA survey revealed NSW was building several thousand granny flats a year, while in Victoria – with more restrictive rules – only a few hundred are planned at this stage. Other States have jumped on board with planning reforms. One of the attractions of granny flats is that they are…

When Coldplay lead singer Chris Martin and actor Gwyneth Paltrow dissolved their marriage in 2014, little did they know that they would make famous the most mocked and derided expression in relationship history: conscious uncoupling. More than a decade on, I'd like to resurrect the term to serve a better purpose: banks have to consciously uncouple their saving products, such as term deposits (TDs) and savings accounts, and their lending products, such as fixed and variable home loans. Doing so would get us out of this zero-sum game where an interest rate cut by the Reserve Bank (RBA) means rates are lower for home loans without pushing down rates for TDs. As it is, home loans and TDs are strange bedfellows. Where one goes, the other one follows. You could…

Gold has remained a glittering investment opportunity over the past year for a variety of reasons, and the outlook for the long derided ‘barbarous relic’ remains encouraging. Gold broke above $US2000 ($2924) an ounce in late 2023 and this time last year had climbed to about $US2500 ($3654). Many thought gold had done its dash, especially given that a newly re-elected US President Trump promised to cut taxes and stimulate the US economy, which in turn risked pushing up interest rates and the US dollar, neither of which tend to support higher gold prices. But fast forward to late 2025 and the gold price had not only pushed through US$3000 ($4550.34) an ounce, but it had also zoomed through $US3500 ($5308.73) – with more upside potentially to come. Gold demand…

A little planning and communication with your insurer or super fund can go a long way in safeguarding your financial security while you're living and working overseas, says Gascoigne. You should: Review current policies whether they are held with an insurer or super fund. While some life insurance policies remain valid internationally, others may reduce benefits or become void depending on where you're living and for how long. Notify your insurer of your change in residence. Failing to do so could result in your policy being invalidated, especially if a claim arises while you're overseas. Risk is assessed based on country of residence and some locations may trigger exclusions or higher premiums. Consider international or expat-specific life insurance policies designed to provide global coverage. Life insurance cover held in your…

TOM WATSON Senior journalist As someone right in the middle of the Millennial cohort, I'd say one of our strengths is being adaptable. Whether that's growing up with technology, entering the workforce during the GFC or navigating challenges like housing affordability, we've had to roll with the punches. But I feel like we could (or should) adapt a Zoomer approach when it comes to pushing back and being outraged about the issues impacting us. Tom's story about overtourism is on page 54. NICOLA FIELD Contributor I love being part of Gen X. The '80s – what an era. The music, fashion and fun (there's a reason cruise ships always have '80s nights!). The downside? The internet was a pipe dream. Looking back, it's hard to imagine how we ever did assignments…

It's been more than a year since Australia's right to disconnect law came into effect, and the shift in workplace culture is hard to ignore. As someone who's watched the evolution of worklife boundaries closely over the past two decades, I believe that the legislation is doing what it set out to do, which is to empower employees to reclaim their time outside of their ordinary working hours. The numbers speak volumes. According to a Robert Half survey conducted in July this year, 56% of employers have received formal requests from staff wanting to exercise their right to disconnect and 93% have taken action to support it. Even more telling is that 77% of employers say they have experienced improved wellbeing and work-life balance. That's a huge win, not only…

MORE MONEY STORIES ON P48-59 A new report shows how simple food and cooking habits could save Australians $75.65 million a year. The Saveful Food Savings Report, published in partnership with Griffith University, found food waste costs $36.6 billion annually ($5.52 per kilo). Shared adult households and families with children showed the highest total food waste. For families that's $2290-$4352 in annual waste. Saveful, a free food savings app, says its users cut food waste by 63% compared to the national average. The app promotes smarter use of leftovers and scraps by prompting users to log them after each meal. It then offers suggestions on how to repurpose scraps into stocks and soups. Additionally, the app offers expiry reminders and compact storage tips to help households keep track of ingredients and…

Australian homes with solar panels are worth about $23,100 more on average than those without, according to a new report from property analytics firm Cotality. The value boost varies by city, driven by growing demand for energy-efficient homes. In Hobart and Brisbane, solar-equipped properties attract the biggest premiums of around $30,459 and $30,219. Melbourne follows with an average increase of $24,369, while Sydney homes see a more modest boost of $19,179. In Perth, the uplift is $14,939, and in Adelaide, it's $14,093. These findings show that energy-efficient upgrades not only cut power bills but also add comfort and long-term value, says Tom Coad, senior director of banking and finance at Cotality. “It also delivers measurable price premiums at a time when cost-of-living concerns are top of mind for Australians,” says…

Need Paul's help? Send your questions to: Ask Paul, Money magazine, Level 7, 55 Clarence Street, Sydney NSW 2000 or money@moneymag.com.au. Paul can't personally answer your questions other than in the Q&A column. By submitting your question to Money, you consent to having your question and the response you receive from Paul published in the print and digital edition of Money. Should Harris put his money in an SMSF or an industry fund? The costs of running an SMSF will add up. Q Hi Paul, say I have $200K in super – is it better to invest in a self-managed super fund (SMSF) or in an industry fund such as Aware Super? Of course, there are other factors we need to consider – as they say, the devil is in the…

Banks are getting scam victims to sign secrecy agreements after reimbursing them, a CHOICE investigation has found. Between May 2022 and February 2023, major banks stopped just 13% of scam payments and reimbursed customers in only 2%–5% of cases. In a 2024 CHOICE survey of 280 scam victims, half said their bank made no effort to recover their money, and four in five weren't warned a scam was happening. Customers carried 96% of total scam losses across the sector during this time. Now, the watchdog has found that the small number of customers who do recover stolen funds are often required to sign non-disclosure agreements (NDAs), preventing them from speaking out. Consumer Action Law Centre CEO Stephanie Tonkin told CHOICE her group has seen banks use NDAs to shut down…

A client recently said to me: “I have insurance in my super. That should be enough, right?” It's a common belief. Superannuation funds often provide default cover for life insurance, TPD (total and permanent disability) and income protection. But what they don't include is trauma cover (or critical illness cover) – and that can make all the difference when life takes an unexpected turn. Two stories, two outcomes Recently, one of my clients was diagnosed with testicular cancer. Fortunately, he had reviewed his cover with us and we put trauma insurance in place for him. That decision changed everything. When the diagnosis came, a lump sum was paid immediately. It gave him choices: access to treatment, space to focus on recovery and the ability to take pressure off his family.…

My dad's second wife sent almost all she earned to her family overseas. She and Dad had a family in Sydney, but she was under pressure to support her family. It was a cultural duty Dad understood to an extent. But there were times when my father was furious about how her family constantly asked for money. It became a source of tension in their relationship. It was hard for Dad to see it from her perspective. He helped his own extended family and was good to his ageing parents but he put his immediate family first. He wanted his wife's salary to go towards school fees and household bills, but her support was vital for her family who lived in a rural village. Balancing act How do you manage…

If you've ever thought about downsizing your home or business, you'll know it's not just a financial decision. It's emotional, psychological and behavioural – much more than most people realise. When looking at downsizing the family home, it's not just bricks and mortar, it's an anchor for identity, a storehouse for memories and a symbol of stability. Your house says something about who you are, what your story is. There is pride, effort, and memories in every corner. A memory in every renovation or day in the garden. When downsizing a business you would think it's less emotional, but it's not. How successful your business has been is often directly correlated to how many people you employ or the physical size of your facilities or global footprint. Often you've invested…

CASE STUDY One of the examples given by Services Australia is that of Sophia and Mateo who sell their home for $500,000 and transfer this to their daughter, Ava, in return for a right to accommodation for life in a granny flat owned by Ava. To secure their interest, the couple drew up a granny flat agreement with Ava. Under the terms of the agreement, Sophia, Mateo and Ava established a loan to be repaid by Ava if Sophia and Mateo need to cancel the agreement. The $500,000 is not considered to be a financial asset because the couple used it to secure their granny flat interest. Centrelink's reasonableness test to find out the value of the granny flat interest was calculated at $895,036.69 based on the younger person's age…

The Trump tariffs saw a disastrous start to 2025, as the All-Ordinaries Index fell from February, causing many investors to become nervous, with the market down 12% by April and looking weak. Smart investors, realising that the sky was not falling, saw this as an opportunity. They responded strongly, taking the Australian market to new highs, in a 26% turnaround. Currently, the All-Ordinaries Index is up more than 8% for the year and looking bullish. The rise has been driven mostly by the top 50 stocks, with communication services being the best sector, rising more than 16%, closely followed by consumer discretionary up more than 15%. Industrials, utilities and financials have also performed well this year, all up more than 11%. Retail investors have come out in force chasing returns,…

In 2025, we have seen the turbocharged growth of cryptocurrency around the world, as it continues to cement its position as a mainstream asset class. Greater regulatory clarity in key markets such as the US, widespread uptake of crypto ETFs and lower interest rates have all provided tailwinds for structural growth that will see the industry flourish into 2026 and beyond. Ongoing tailwinds for growth Regulation and government clarity around crypto has increased significantly this year and the US government has taken the lead on this, establishing a range of measures that facilitate the growth of the sector. This includes legislating the GENIUS Act to provide a framework and requirements around stablecoins, establishing a working group to produce legislation and creating a strategic Bitcoin reserve. Looking to the future, we…

This could be a wild generalisation but it seems most Australian investors will probably shudder at the thought of investing in emerging markets, so the idea of considering a (small) allocation to frontier markets (FMs) is likely unthinkable. But are investors missing out on potentially attractive alpha opportunities with diversification benefits? There are several aspects of frontier markets that should, at the very least, encourage investors to put the asset class in their investment toolkits. What are frontier markets? FMs are typically characterised as those in the very early stages of economic development. They are very different to emerging markets, which are more advanced in their economies (for example, rising middle class) and implement public and private sector reforms that resemble developed markets. For historical data relating to FMs, we…

There are plenty of wonderful US companies that would improve most portfolios. But for this year's Best in Breed, my choice is Alphabet, the parent company of Google. Its two big ticks are quality and ‘optionality’ – the myriad directions in which the company could grow. Google Search remains one of the most dominant businesses ever built, with almost-unmatched brand recognition and global scale. YouTube dominates online video, while Google Cloud has become a serious competitor in the fast-growing world of digital infrastructure. On top of that, Alphabet invests in areas such as AI, healthcare and self-driving cars – giving it a pipeline of potential growth drivers few can match. And this isn't just about potential. The company is massive, but Alphabet has kept growing, with revenues and profits rising…

Alex Vynokur Alex Vynokur was 15 when he and his family arrived in Sydney, seeking a fresh start after the collapse of the Soviet Union in 1991. Three decades on, he's the managing director of a leading Australian financial services company, Betashares, overseeing $50 billion in funds under management. Along the way, he's learned powerful lessons he now shares to boost financial literacy and wealth creation for Australians investors and abroad. Q Tell us about your early years. What were your formative money experiences? My early years growing up in Ukraine were formative as it was part of the Soviet Union then, and I was without a financial safety net. My first understanding about wealth was the wisdom that you need money to make money. The concept of investing was…

WHAT THEY MEAN Performance after fees: Rainmaker assumes a member has $50,000 in their account. Strategy: Some MySuper products invest super based on age and are known as lifecycle funds (LC). The table includes the LC option for 40-year-old members. Non-lifecycle funds are known as single strategy (S). Rank: Funds are ranked against all MySuper investment options in Australia. Indices and averages: To produce these indices, Rainmaker analyses the results of more than 3300 investment options. The table helps you compare super products. It showcases publicly available MySuper investment options offered by some of Australia's biggest funds. Rainmaker Information categorises them into risk options based on percentage of growth assets in their portfolio. The high-growth risk option has more than 85% in growth assets (growth has between 75% and 85%),…