Baby boomers retire on a reverse inheritance. If baby boomers want choice in their retirement, they should be prepared to spend their own money. Earlier this month, Germany’s ruling Christian Democrats proposed a generation-specific tax to finance the welfare costs of retirees, under which young people pay while baby boomers collect. Like Australia, Germany and the rest of Europe is facing an intergenerational challenge caused by increased life expectancy ...
Australian Immigration Refugees Population Workers Students Visas. Migration slows along with boat arrivals. Last year’s political posturing and grandstanding over boat arrivals may not have been one of the most edifying episodes in Australian history. But, as deterrent strategies go, it turns out the strategy of thinly veiled racism and hostility towards asylum seekers was a remarkably successful one….. ….But Australians have always had a hard time keeping ...
The Australian economy is expected to grow in 2012 due to strength of Asia, while Europe and USA have economic problems. Unemployment remains low in Australia but under employment is significant, but much part time employment for international students and working holiday travellers working in hospitality, fast food, transport, aged care, health care, agriculture and child care; with Melbourne and Perth having most part time employment opportunities. Australia has high private ...
Melbourne: Australia's most over-priced property market. The recent Sydney Housing Valuation Report argued that Sydney's housing market, despite being Australia's most expensive when measured against household incomes, is built upon relatively sound fundamentals and offers a safer-than-average (Australian) proposition from an investment housing viewpoint. Now this column wants to focus on the Melbourne housing market, which is built upon far shakier foundations ...
Australian News Immigration Travel IELTS Property Work New rules match best and brightest migrants to places. PEOPLE who want to come to Australia as independent skilled migrants will have to ask permission to apply from next year. Immigration | Burke Releases Population Report. Now, that minister, Tony Burke, has released a report on population that is short and contains a glaring omission — meaningful discussion of immigration’s role ...