The discussions around the absurdly small changes to tax on superannuation should be the start to addressing the growing wealth inequality in this country
All her life my Aunt looked like she was on top of her business. Owned multiple houses around the world, travelled regularly, lived in the inner city of a top tier European city. She was found dead at home in her 70s. As the finances were unwound to deal with her estate, she’s flat broke, everything was loans on loans, her sister who rented one of her apartments is set to lose her housing. One of my family members commented “I thought she was good at business”, I replied that she was, she died without ever having to clean up the mess she made, her finances were a disaster and now they’re someone else’s problem.
All her life my Aunt looked like she was on top of her business. Owned multiple houses around the world, travelled regularly, lived in the inner city of a top tier European city. She was found dead at home in her 70s. As the finances were unwound to deal with her estate, she’s flat broke, everything was loans on loans, her sister who rented one of her apartments is set to lose her housing. One of my family members commented “I thought she was good at business”, I replied that she was, she died without ever having to clean up the mess she made, her finances were a disaster and now they’re someone else’s problem.