Housing affordability threatens super's futureBY EMMA RAPAPORT | FRIDAY, 24 MAR 2017 10:34AM Australia'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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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
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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!