Some ABS stats to ponder for single Australians over 65 years of age
77% of single people have only the pension as income
The median net worth is $380,000
The median superannuation savings is $13,400
The 2011 McCrindle Baynes research that captured 10,600 village residents found that just 3% of people who join a village had never married, strongly indicating spinsters cannot afford the village purchase. Interestingly 29% were widowed before moving and 6% were divorced 35% all up.
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