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Former PM Keating advocates for 15% SGC, managing retirement wisely

Keating advocates for 15% SGC, highlighting effective retirement savings management and the value of tailored financial advice.

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Former Australian Prime Minister Paul Keating advocates for 15% SGC, highlighting effective retirement savings management.

Mark Wyld, Financial Advisor at MW Wealth Management sat down to discuss Paul Keating’s support of increasing mandated superannuation contributions to 15%.

Australia’s superannuation system has performed well, generating a $4.1 billion pool, now ranked fourth globally and projected to become the second largest within the next decade.

This has resulted in only 2% of GDP being spent on age pension costs, significantly lower than the OECD average of 10%.

The focus now should shift to how we effectively manage retirement savings rather than worrying about superannuation itself.

Retirement presents complexities, including health issues, job insecurity, and the need for significant initial expenditures to support personal interests.

As the super balance declines, access to the age pension begins, emphasising the importance of strategic investment and the invaluable peace of mind that financial advice provides, which cannot be automated.

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Meet the fantastic four conquering Shanghai’s business landscape

Australian business titans unveil secrets to success in Shanghai’s cutthroat market in new episode of The Big Picture

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Australian business titans unveil secrets to success in Shanghai’s cutthroat market in new episode of The Big Picture

In Short:
– Shanghai offers vast business potential but requires careful navigation due to rapid changes and fierce competition.
– The “Fantastic Four” share strategies for success, emphasising local culture, networking, and relationship building.

Welcome to Shanghai, China’s bustling metropolis known for its vast business potential and fierce competition. In this environment, fortunes can change rapidly, making it crucial for businesses to navigate carefully.In the latest episode of The Big Picture, four Australian entrepreneurs, known as the “Fantastic Four,” reveal how they prospered in Shanghai’s challenging landscape. They discuss their experiences and the strategies that helped them thrive.

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These business leaders emphasize the importance of understanding local culture and adapting strategies to the unique demands of the Chinese market. Their insights provide valuable lessons for entrepreneurs looking to expand internationally.

Insights Shared

The “Fantastic Four” also share tips on building networks and relationships in Shanghai.

They highlight how crucial these connections are for overcoming challenges and unlocking further opportunities. By fostering collaborations, businesses can gain a competitive edge.


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Knowing when to walk away in real estate deals

Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

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Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

In Short:
– Walking away can be smarter than winning every real estate deal.
Orium & Co prioritises client needs, offering guidance through emotional property decisions.
In real estate, knowing when to walk away can be wiser than striving to win every deal. On this episode of The Property Playbook, host Tim Graham is joined by Lisa Britcliff, co-founder of Orium & Co, to focuses on client-first advocacy in real estate.
Lisa’s team has over 40 years of experience guiding clients through significant transitions like divorce or loss, offering support beyond mere transactions.
Orium & Co aims to be genuinely client-led, helping clients navigate complex real estate decisions by leveraging extensive industry knowledge and a robust network of agents across Melbourne.Download the Ticker app

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5% home deposit scheme impacts Australian property market

5% deposit scheme sparks debate over first-home buyer market impact, as experts weigh risks for new investors

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5% deposit scheme sparks debate over first-home buyer market impact, as experts weigh risks for new investors

In Short:
– The Australian Government’s 5% deposit scheme for first-time homebuyers influences the property market and buyer dynamics.
– Increased buyer competition from the scheme leads to higher prices and strategic adjustments among investors.
The Australian Government’s 5% deposit scheme for first-time homebuyers has sparked discussions about its impact on the property market.
On the episode of The Property Playbook, Tim Graham is once again joined by Michael Pell, Managing Director of Propell Property, to explore the scheme’s effects on home-buying dynamics.
Pell explains that while the deposit scheme facilitates access to homeownership, it also increases competition among buyers, leading to inflated prices in some markets. There is a correlation between lower interest rates and heightened buyer activity, creating a “perfect storm” for investors.
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