We’re hearing a lot of sound and fury about tax, but what about the voluntary tax many of us are paying worth more than $11 billion – without realising it? The sting in the tail is, the older you are the more likely you are to be paying it, by 11% for every 10 years you age. Welcome to the Loyalty Tax – the cold hard extra cash you pay in some perverse tribute &ndash... read more>

It’s hard to miss what’s called the sharing economy. New business such as  ‘ride sharing’ services like Uber which are upsetting traditional taxis as well as the ‘peer-to-peer lenders’ promising to disrupt banks. Well-known brand names  such as Airbnb and eBay are involved in this movement but ordinary consumers, especially over fifties, need not... read more>

A survey into cost of living pressures for older Australians provides the Treasurer and Prime Minister with all the answers they need on tax reform.   Nick Rakis, 57, from Sylvania is just one of 20,000 over 50s who have joined a campaign to highlight the cost of living pressures, including the tax system, older Australians face as they retire. Like many older Australians he is ope... read more>

THE FIFTYUP CLUB CITY2SURF TENT: MAP OF WHERE TO FIND US:   THE CITY2SURF: The City2Surf is 14km in distance starting from the intersection of Park and College Sts in Sydney’s CBD before heading up William St and through the tunnel at Kings Cross. The course continues along New South Head Rd through Rose Bay, then up "Heartbreak Hill" (the halfway point)... read more>

The stakes in this court battle could hardly be higher. A tribunal is deciding if your power bills will actually go down or unbelievably climb by almost $6 billion over the next four years. But given the public anger about bills, which have already doubled in the past five years, it’s all very polite. At the tribunal a smiling informal judge greet us and there’s home-made scon... read more>