Is Australia a good place to invest?
Datasets used to measure past trajectory of Australian population and cultural changes can be drawn upon to predict how Australia’s future will be shaped, according to Bernard Salt at the Lonsec Symposium.
“Is Australia a good place to invest? Your youth, your energy, you career, your life, your family, your future over the next 10 years,” Salt told delegates at the Symposium.
“It’s a reasonable question to ask… should you have faith in Australia, I say unequivocally yes.”
Salt said Australia had what the rest of the world wanted and should be a prosperous people for generations into the future.
“I think there’s going to be a mad scramble for food, energy, resources, commodities, space, security and lifestyle,” Salt said.
“We need to manage geopolitical risk and we need to manage issues around social cohesion.”
AUTHOR
Chris Dastoor
Recommended for you
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
