Max Yong

Max Yong is a Teaching Fellow in personal finance at Harvard University. He previously taught personal finance at Melbourne University.

The changes to trusts are a major part of Labor’s latest budget. So how can you expect to be affected, if at all?

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In our unstable world it’s no surprise many see secure employment as a victory. But what if I told you this could come at a cost?

While last night’s budget no doubt addressed intergenerational inequality, I’d say the reforms are more of a tiptoe than a slam dunk.

This year’s federal budget is not the time for small-target policy that only tinkers around the edges. This is the time to be bold.

I don’t mean to reignite the oft-sensationalised generation wars, but there is a lot that older generations can learn from the “lazy” younger ones.

If 97.5 per cent of my Harvard advanced economics students can be fooled by AI, what hope do the rest of us have?

By engaging in a bit of “wage arbitrage”, young Australian workers could save themselves a home deposit far faster.