Steering you in the right direction
The Money section has reported on the big changes in super, and strategies for growing wealth and for protecting it, for decades. It continues to provide independent, consumer-centric, expert coverage of all things financial in the face of the commercial pressures facing the media sector.
Superannuation is especially important to the Money audience, whether reading us in print, online or on the iPad. As super account balances have grown (the savings pool is now $1.6 trillion), it has become increasingly contentious politically.
While the superannuation industry complains about the constant tinkering with the superannuation rules, the changes have been necessary for a system that has matured since the start of compulsory super 21 years ago. With the federal election not far off, the government and opposition have said they will hold off on further changes to super rules. The government, if
re-elected, will have a moratorium on super changes for five years. The Coalition says that if it wins government, it will make no "detrimental" changes to super for the term of the Parliament.
One of Money's most important roles is to help educate people about their finances, as well as help them keep up to date with developments. Households have to make financial decisions to a much greater degree than in previous generations. But they run the risk of making uninformed decisions that can cost them dearly.
In this climate, Money is more essential than ever. We will continue to provide expert analysis of personal finance - not just stock tips - but the full range of super, tax, investment, banking, insurance and estate planning with Australia's best personal finance columnists and reporters.
Richard Hughes is editor of Money.