It all begins with savings

Article Abstract:

Australians have for the most part thought that the government would provide funds for retirement and have not been inclined to save much money. The demographics of the country, however, mean that the Baby Boomer part of the population is so large that the government would have a problem and it has put responsibility for saving for later years on the individual, but offered some tax breaks. There are some ways to save on a regular basis, and financial savings products of different types appeal to different people.

Planning, Savings, Retirement income

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Beware the love affair with property

Article Abstract:

Australians are in the habit of viewing property ownership as a sound investment. But these are the investment strategies of the early 1970s when inflation was high. Australians are making fundamental mistakes when they try to invest in property. They are not buying investment grade property, they are borrowing money at three times the rate of inflation and the tax benefits on investment property have disappeared.

Economic aspects, Investments, Real estate, Real property, Property

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