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Australian household wealth has surged to unprecedented levels, but this prosperity masks a significant wealth gap. The richest 5 percent...

During the past two decades, Australians have been able to rely on the so-called ‘Three Pillars of Retirement Funding’. These include the age pension funded by the Federal Government, compulsory superannuation and voluntary savings. However, a recent ‘Household Capital: Your Life Choices’ survey, published by research house MorningStar, showed 85 per cent of all retiree respondents are unaware of these three potential sources of income through retirement. This is significant

In the quest for financial stability and success, we often focus on tangible elements like earning more money, saving diligently, or...