The Australian Bureau of Statistics (ABS) has revealed that in 2008-09 there were 3.4 million people living in Australia over the age of 45 years. Of that group 38% indicated that they didnt know how old they would be when they retire and for those that did know, 46% intended to retire in the age range of 65-69 years.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home