Our global population is getting older. By 2050, the OECD predicts that 30% of people worldwide will be aged 65 or over. While some countries are relatively prepared to handle this increase in the elderly demographic, others are already feeling the squeeze and struggling with the challenges that come with a rapidly aging population. Which countries are the best…
We still don’t have an end to cybercrime attacks. In fact, according to estimates from Statista’s Cybersecurity Outlook, the global cost of cybercrime is expected to surge in the next five years, rising from $8.44 trillion in 2022 to $23.84 trillion by 2027. Cybercrime is defined by Cyber Crime Magazine as: “the damage and destruction…
3 Australian cities recently were found to offer the highest quality of life. Now city living isn’t everyone’s cup of tea—the world’s most populous cities can be hectic, noisy, and busy. Yet, despite the chaos of urban life, cities offer inhabitants a number of comforts and conveniences that are harder to find in smaller towns….
China’s National Bureau of Statistics has confirmed what researchers such as myself have long suspected – that 2022 was the year China’s population turned down, the first time that has happened since the great famine brought on by Chinese leader Mao Zedong in 1959-1961. Unlike the famine, whose effects were temporary, and followed by steady…
Australians’ well-documented affinity with the sun, surf and sand continue to fuel coastal property market growth. This growth defies rising interest rates and growing evidence of the impacts of climate change on people living in vulnerable coastal locations. People in these areas are finding it harder to insure their properties against these risks. Insurers view…
Want to know what the experts predict for 2023? Well… we’ve learned a few things about the universe of predictions, experts, outlooks, and forecasts in this, our fourth year of Prediction Consensus. Experts are reasonably good at predicting the future one year out, though they are also in a strong position to help shape the…
Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse – until you include housing. Rising housing costs have dramatically widened the gap between what Australians on high and low incomes can afford. Rising home prices paired with plummeting rates of homeownership are driving…
With bushfire season starting across much of the nation, it’s time to prepare rental properties and check they are adequately insured. Bushfire. Just a mere mention of the word strikes fear in the hearts and minds of most Australians and none more so than those living in bushfire-prone areas. The risk of bushfire is ever-present…
Since 2000, global investment in research and development (R&D) has tripled to $2.4 trillion. R&D spending is also casting a wider global net. In 1960, the U.S. made up nearly 70% of global R&D spending, and by 2020 this had fallen to 30%. From job creation and public health to national security and industrial competitiveness,…
Many of us are drowning in “stuff”. To find space for all our possessions, we are paying off-site storage companies. Australians spend an average of A$163 per month on self-storage, one recent survey found. The number one item stored in these facilities is furniture. Other items we cannot fit in our houses include appliances and…