Where to put your savings to work
Article Abstract:
Saving is increasing in Australia. Deposit accounts are the most popular form of savings after the home itself. Nonbank investments are a fast-growing investment area. Unit trusts or bonds are places where savers can put money. According to fund managers unit trusts are more attractive than bonds because the costs can be seen.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
AMP: beware the nasty surprise
Article Abstract:
Some policyholders in Australia's AMP Ltd. (AMP) could receive tax bills depending on the way the shares were allocated. The tax office has extended the deadline for superannuation trustees to allocate shares from the AMP listing. Members who receive AMP share in superfund accounts could be forced to pay taxes.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Funds and fees: why costly isn't better. More savings, but more headaches, ae in the wind
- Abstracts: Blind faith no more. The road to riches is paved with good imputations. Turkey by bus and boat
- Abstracts: 15% plus: in search of a decent income. A hidden danger in the lure of returns. Let your money take flight
- Abstracts: Oh, for a quiet little B&B in the bush. Watch for new issues
- Abstracts: Indexed funds: the investor's friend or foe? Tourist resorts: beautiful one day, cheaper the next