‘The importance of saving’ by Paul Clitheroe
The government has handed down its latest Budget, and despite key changes to super contributions, the official age for retirement and changes to the private health insurance, the real headline grabber has been the level of debt needed to fund the budget. It’s something of an irony that this has attracted so much attention when many Australian households have been racking up debt at a cracking pace over recent years – a personal time bomb that has scarcely raised an eyebrow.