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How many of us realise that every year for the past 10 years, the health insurance industry has jacked up its prices by 6 per cent, when inflation has been just 2.5 per cent?
Baby boomers have been receiving a thrashing in the media lately for being self-centred and staying put in their large family homes rather than downsizing to free that home up for a young family.
Last weekend a Chinese health and pharmaceutical company paid $938 million to buy Australia’s third largest private hospital operator, Healthe Care. They want more than just to own Australian health services and expertise – they want to export them.
With a high 33 per cent of people over 60 years of age living in poverty, Australia ranks 94th, ahead of only South Korea and Venezuela, for the worst rate of old-age poverty in the Global AgeWatch Index 2015.
Has anybody else noticed that ‘urbanism’ has become a bit of a thing?
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.
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