Housing affordability threatens super's futureBY EMMA RAPAPORT | FRIDAY, 24 MAR 2017 10:34AMAustralia's declining home ownership rate has become so serious that it is imposing a significant threat to the adequacy of Australia's retirement income system, according to a new report. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Just a thought - so it's going to cost approx $1 million to rent whilst in retirement and you're only allowed a cap of $1.6 million - wow that makes it tough!