Posts by paul flakus
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Australian Government overhauling Aged Care Act with significant reforms
The Australian government is overhauling the Aged Care Act with significant reforms set to take effect on July 1st this year. Michael Horin, director of Clarity Aged Care Advisors, formerly […]
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APRA Reinforces 3% Serviceability Buffer
The APRA had recently conducted the final hearings for the inquiry into financial regulatory framework and home ownership on 24 October 2024. In its remarks, APRA stood by the 3% […]
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Understanding HEM (Household Expenditure Monthly)
What is the Household Expenditure Monthly? The HEM was developed by the Melbourne Institute of Applied Economics in 2011 as a measure to reflect a modest level of weekly household […]