After the RBA’s rate hike to 4.60% and a run of soft data, this week is lighter on local releases but still telling

A run of local data this week and last showed the RBA’s rate hikes working their way through the economy.

The Reserve Bank lifted the cash rate again this week, to 4.60%, its fourth increase this year, and one markets had firmly expected.

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The US Federal Reserve raised interest rates last week for the first time since 2023, and signalled another increase may follow before year-end.

If you've got $50 to invest and a share like CSL or Amazon costs hundreds of dollars, fractional shares and micro-investing apps promise a way in. But the two terms get used almost interchangeably online — and in Australia, the details vary a lot by platform and by market.

US inflation cooled for a second month running, easing fears that the Federal Reserve will need to raise rates next month and lifting shares to record highs. The relief has proved short-lived, though, as oil has pushed higher and bond yields have climbed to multi-year highs, already nudging shares back from those peaks. Closer to home, it is reporting season with the major banks lagging.

Every self-managed super fund (SMSF) in Australia must be audited every year by an independent, ASIC-approved SMSF auditor, and that audit must be finished before you lodge the fund's annual return.

A self-managed super fund (SMSF) can invest in a wide range of assets: cash and term deposits, Australian and international shares, exchange-traded funds (ETFs), managed funds and listed investment companies (LICs), property, and a limited set of alternatives.

An SMSF investment strategy is your written plan for how your self-managed super fund will invest its money to meet members' retirement goals.

A self-managed super fund (SMSF) is a private super fund that you run yourself for your own retirement. It works as a legal trust: members contribute money, the trustees (usually the same people) invest it, and the savings are paid out as retirement benefits.

A self-managed super fund (SMSF) is a private superannuation fund that you run yourself for your own retirement. Unlike an industry or retail fund, the members are also the trustees — so you make the investment decisions and carry the legal responsibility. An SMSF can have up to six members and is regulated by the Australian Taxation Office (ATO).