Venezuela data reveals economic chaos

Inflation hit 130,000 per cent in Venezuela last year, the country’s central bank has said in a rare official acknowledgement that the economy is in meltdown . In a series of spreadsheets published on its website, the bank said that Venezuelan gross domestic product contracted by 22.5 per cent year-on-year in the third quarter of…

Why SMSFs are popular with younger investors, not just retirees

By Steve Blizard    12 May 2019 Younger investors are helping to drive the self-managed super fund sector’s growth, with the Australian Taxation Office’s latest figures showing a rise in SMSF trustees aged 25 to 34. The swing is in line with changing working patterns for Millennials, who expect to have a number of different…