income inequality

How does your savings rate compare with the rest of the world?

Are you a saver or a spender?  How does your savings (as a percentage of your income) compare with other Australians? The Global Finance Magazine released an article earlier this year aggregating household savings rates across the world for 2015. Household savings is “the difference between a household’s disposable income (wages, income of the self-employed and net...

New Rules Adjust How Much Retirees Can Hold In Assets (Including Properties)

Some Aussie retirees may discover to their dismay that they’ve sustained financial losses as a result of changes to the age pension, scheduled to be implemented on 1 January 2017.  The changes, which were announced in the 2015 Federal Budget, adjusts the amount that retirees can hold in assets (such as cars, superannuation, investment properties,...
sydney trains

Sydney Metro’s Sydenham-to-Bankstown line – nirvana or nightmare

Who’ll profit from the value uplift arising from the huge investment of taxpayers’ funds in creating better-serviced, higher-density suburbs? And what will the changes mean for existing residents? Asks… Bill Randolph, UNSW Australia At first glance you’d be forgiven for thinking the new Sydney Metro rail line will turn the suburbs between Sydenham and Bankstown...
melbourne city park happy peace victoria garden

Can Melbourne build 63,000 new dwellings every year for the next 35 years?

Well it may have to. According to the population forecasts in the Victoria in Future 2016 report Melbourne’s population is set to double within 15 years, with the number of people living in inner and middle suburbs growing by 1 million. Victoria is currently the fastest growing state in Australia and our population is expected to rise to over 10...

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