March 1

How much was AustralianSuper fined for failing to consolidate multiple member accounts?

$27 million.

$7.2 million.

$17 million.

$2.7 million.

The main reporting obligation for some self-lodging SMSFs was February 28. What does SMSF stand for?

Small and medium sized foundation.

Software to manage small funds.

Society for Medicare Surcharge Fund.

Self-managed super fund.

What did Australian football great Neale Daniher spend money on as a teenager?

Footy boots.

A motorbike.

Led Zeppelin cassettes.

A backpacking trip.

The average monthly spend per Australian household for which expense has jumped from $43 in 2023 to $50 by the end of last year?

Alcohol.

Medication.

Pet insurance.

Streaming services.

ASIC is setting its sights on which sector?

Bonds.

ETFs.

A-REITs.

Private credit.

What should you do as part of giving your super fund an annual check-up?

Consider consolidating multiple accounts.

Compare your fund's performance.

Check your insurance cover.

All of the above.

If you disagree with a decision by the tax office, you could end up before which organisation?

Administrative Review Tribunal.

Australian Securities and Investments Commission.

Australian Competition and Consumer Commission.

Australian Financial Complaints Authority.

Offset accounts are becoming increasingly popular among homeowners, with balances at Westpac and NAB jumping over 60% in the past five years. What’s one major benefit of using an offset account?

It increases the interest you earn on savings.

It allows you to borrow more money from the bank.

It automatically pays off your home loan in half the time.

It helps reduce the interest charged on your mortgage.

24% of men invest in what compared with just 8% of women?

Shares.

Cryptocurrency.

Property.

Gold.

What is Qantas doing for the first time in five years?

Promptly refunding customers over cancelled flights.

Paying dividends to shareholders.

Providing pyjamas on domestic flights.

Handing out lollipos before landing.