Editor's Choice
MLC AM targets EM strategy with fresh mandate
|MLC Asset Management has selected a global investment manager to leverage its 16-year-old emerging markets strategy.
Digital assets on the right path: Industry
|Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey.
NCAs unlikely to solve retirement advice gap: HUB24, CFS
|HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
AustralianSuper rolls out new investment data platform
|AustralianSuper has implemented a new investment data platform designed to improve portfolio oversight, risk management and decision-making as the superannuation fund expands its global operations.
Further Reading
Products
Expert Feed
Featured Profile

David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







Great article, and absolutely true.
This is a problem that many new home buyers face in this day and age - housing affordability.
Australia has indeed been experiencing a 20-year long housing bubble (longest ever recorded property bubble in a developed nation).
Unfortunately for Gen Y, housing affordability is way out of reach. Unless they become instant millionaires there's no way they can afford it.
The only way for Gen Y (and subsequent generations) to ever really afford a home is by waiting for Australia's property bubble to burst, and then buy property once they revert back to their actual market value - like what happened in the US recently.
It's a shame Australia's economic situation has gotten to this point - higher costs of living, overvalued real estate, rising inflation etc.
Even with the Federal Reserve Bank of Australia lowering interest rates, it's still not enough to entice young buyers (again like the US). So long as fiat currency is continually being printed, it's not going to get easier in the future.