Federal government says $63m campaign is the first time it has advertised to the public about the risks of vaping. Follow the day’s news live
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About half of the older Australians surveyed said they would be happy to help out their children if they could still stay in the family home, Ben Hillier said.
90% of intergenerational wealth is passed on as an inheritance and – as a result of Australia’s ageing population – more often than not to the over 50s, he said.
Ideally you want to help your kids when they’re raising their own small children, when they’re getting into the housing market … not when they’re pre-retirees themselves.
The intergenerational wealth transfer that’s happening is not that useful.
But you have this bipolar situation where while they do believe they’re struggling and they do want to help them, they’re not comfortable to do so at the expense of their own lifestyles.
Continue reading…Federal government says $63m campaign is the first time it has advertised to the public about the risks of vaping. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastAbout half of the older Australians surveyed said they would be happy to help out their children if they could still stay in the family home, Ben Hillier said.90% of intergenerational wealth is passed on as an inheritance and – as a result of Australia’s ageing population – more often than not to the over 50s, he said.Ideally you want to help your kids when they’re raising their own small children, when they’re getting into the housing market … not when they’re pre-retirees themselves.The intergenerational wealth transfer that’s happening is not that useful.But you have this bipolar situation where while they do believe they’re struggling and they do want to help them, they’re not comfortable to do so at the expense of their own lifestyles. Continue reading…