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How expensive is it in Australia?

How expensive is it in Australia?

  I have a Swedish friend I met when our kids started Day Care about 17 years ago. Elisabeth had moved from Sweden with her Australian husband to raise their twins in Australia.  Our kids are now 19 and Elisabeth’s boys are living in Europe, enjoying the benefits of dual citizenship. Over coffee last weekend, Elisabeth shared with me that she is considering a move to Germany. One of th... read more>
The Bills That Are Busting Our Budgets

The Bills That Are Busting Our Budgets

Most over-50s in Australia are facing constant strain on their budgets, with our new cost of living survey revealing health insurance is the household bill causing the most pain, shortly followed by electricity.  The FiftyUp Club’s Annual Cost of Living Survey has now had almost 5000 responses and reveals that; 66% find the cost of living ‘very difficult’ or ‘quite difficult’, Health... read more>
Take Our Cost-Of-Living Survey Here

Take Our Cost-Of-Living Survey Here

Click here to have your say on what sacrifices you making right now to pay your household bills. So far, 31% of respondents report cutting back on basics such as food, heating and electricity while 27% are going without a holiday. Some members are even going with out heating in winter while one member is still paying last year’s winter electricity bill! Some comments: Cutting back on i... read more>
Budget Wrap Up

Budget Wrap Up

The first news report I listened to post-Budget this week claimed “banks won’t be happy” and I thought…who cares? It must be a pretty good budget if the banks are the only ones not happy right? It turns out the banks will be hit with a new levy designed to help get the Budget back into surplus.  For the over-50s, there are also some new tax breaks to encourage downsizing, energy rebates and ... read more>
School Fees - Time to Re-Mortgage The House

School Fees - Time to Re-Mortgage The House

Around a third of Australian school kids now attend a non-Government school. The difference between school fees can be enormous, even for schools in the same catchment area.  For example, my children are in the Catholic system and the fees are around $10,000 a year just for tuition. A non-Catholic private school in the same area charges around $30,000. With school fees accounting for a ma... read more>