Sell with Confidence
Read More

Shoalhaven Business Dinner

By Neil Campbell

Ray White’s Jamie Gossage, David Thorpe and Shane Hilaire recently attended a business dinner, where Australia’s economic future was the prominent topic.

Former Reserve Bank of Australia Governor, Bernie Fraser, was the guest speaker at the Shoalhaven Business Chamber Dinner, and shared some remarkable insights including:

  • In 1930, Australia had 7 ½ workers to every 1 retired;
  • In 1990, Australia had 5 workers to every 1 retired;
  • If that trend continues, we will have 2 ½ workers to every 1 retired in 40 years.

Australia’s growing aged population will affect our productivity as a country. There is also the issue of increasing medical costs associated with an ageing population, which will put further stress on the economy.

Mr Fraser also predicted that America and Europe are fading as super powers, and the emerging (or developing) countries, such as China and India will overtake them in coming years. The good news is that Australia’s relationship with these emerging countries is strong, and should therefore hold us in good stead.

Mr Fraser’s comments reinforce how important it is to financially prepare for the future, today.

Up to Date

Latest News

  • What is a private treaty sale and how can you buy?

    There are two ways residential property is sold in Australia: via auction or private treaty sale. While auctions grab the headlines and make great fodder for reality TV, private treaty sales are the most common way property is sold. If you’re about to embark on the process of being a … Read more

    Read Full Post

  • The moveable garden: Gardening tips for renters

    Even if you’re renting your home, a garden is still a possibility, indoors and outdoors. While you may not want to invest in fixed garden beds, or large indoor trees, there are a bunch of ways to grow your own veggies and green up your space! Let’s run through some … Read more

    Read Full Post