InvestSMART

The numbers you need . . .

$10 billion
By · 10 Apr 2013
By ·
10 Apr 2013
comments Comments
Upsell Banner
$10 billion

... is what the government will save over the next decade from the superannuation reforms announced last week. The savings to the budget bottom line come from two measures. There will be a higher contribution tax for those earning more than $300,000 a year and retirees will pay tax on earnings in their super fund over $100,000 a year.

48 per cent

... is how much JB Hi-Fi's shares have risen this year, making the music retailer 2013's best performer on the ASX 200. The shares, which were as low as $7.92 in June 2012, have almost doubled since, hitting $15.30 last week.

£154,000

... is the bargain price retired London policewoman Sue Diamond paid (via a telephone auction) for a six-bedroom 1930s house in 2010. The vendor - a builder - warned her that the house, which sat on a cliff above the English resort of Torquay, was unsound but Diamond was set on it. Last week the cliff collapsed, taking the house, and Diamond's investment - about $246,000 - into the sea below.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.