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Baby Boomers

Yesterday

The Yes campaign still does not understand why it lost the referendum count.

White demographics did not drive the Voice vote

It wasn’t old, white voters who made the Voice referendum fail. The Yes campaign aimed at elites, and took the rest of Australia for granted.

  • Nyunggai Warren Mundine

This Month

Messages of hope at a ceremony marking the October 7 anniversary.

Respectful remembrance shows peace is possible

Readers’ letters on ending conflict in the Middle East; Coalition attacks on the government; ASIC’s action against AustralianSuper; nuclear power; and respect for Baby Boomers.

Is China simply juicing stocks to make consumers feel better?

Economic growth is sluggish and youth unemployment is at socially precarious levels. But is recent stimulus designed to simply pump up sharemarket sentiment?

  • Jessica Sier
Simon and Sandy have just sold their Leabrook home for a second time, having moved out of it and then buying it back in 2022.

Couple makes $2m selling the same home twice in a decade

It seemed like a good idea to go back to their old family property, but this empty-nester couple discovered it wasn’t what they had hoped it would be.

  • Michael Bleby
High-rise housing in Sydney’s Rhodes.

Sydney doesn’t have enough three-bedroom apartments for Boomers

Many empty-nesters are staying put in their large houses or competing with young families and professionals for modern three-bedders with lifts.

  • Swati Pandey
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September

The six-unit block of apartments with scope for a 10-storey building on the same site at 1199 Gold Coast Highway, Palm Beach, sold for $10 million.

The $1.5m sale that shows Gold Coast buildings and people are ageing

Housing stock is being recycled on a key part of Australia’s coastline. But sales that make sense on paper aren’t always easy to achieve.

  • Michael Bleby
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ASX slumps; Westpac gets new CEO; Boomers drive luxe apartment demand

Read everything that’s happened in the news so far today.

Assembly Funds Management (AFM) Louis O’Loughlin, Head of Investments Tim Meurer, CIO and Tom McDonald, Founder and Director at Elka Capital.

Assembly goes into land lease with $350m fund

The fund manager tapping funds from high net worth investors and family offices is aiming for a 10-plus community portfolio with up to 2000 homes.

  • Michael Bleby

August

New Eureaka CEO Simon Owen.

Decline in home ownership a boon for retirement operator Eureka

The company’s new chief executive, Simon Owen, says a growing number of retirees don’t have the real estate to buy into more expensive homes.

  • Michael Bleby

July

A key question is whether children have the financial literacy and emotional intelligence to handle a significant sum of money.

Six questions to ask your adult kids before writing a will

Not everybody has the financial literacy and emotional intelligence to handle a significant inheritance.

  • Nina Hendy
Words

Revealed: Which super funds rate the best – and worst – for retirement

Superannuation funds are going backwards in terms of preparing their customers for retirement, new research shows.

  • Hannah Wootton
The Australian dollar jumped after the greenback weakened.

Australia will have 400,000 new millionaires by 2028

Buoyed by property and super, Australians have become the second-richest people in the world, on paper at least.

  • Lucy Dean
“Alcohol and its relationship with an individual is very individual,” says one semi-retired GP.

My week of drinking like a Boomer – and what it did to my body

A tot before breakfast, a brightener here, a livener there – the older generation has perfected the art of perma-imbibing. Could I keep up?

  • Liz Hoggard

June

Adam Vaggelas, right, and Nick Singleton.

GreenFort Capital targets $800m land lease portfolio

There’s a growing snowball of players and money rolling into the residential property play on one of Australia’s biggest demographic changes.

  • Michael Bleby
Boomers continue to cop flak from younger generations, much of it unfairly.

Criticism of ‘stingy’ Baby Boomers misses the point

Readers’ letters on generational attacks; the “war” between banks and mortgage brokers; robots and the Great Barrier Reef; Grant Hackett’s leadership; and Pauline Hanson’s silence.

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May

Boomers continue to cop flak from younger generations, much of it unfairly.

Baby Boomers are loving the ‘freedom’ of renter life

Typically, those who don’t own a home worry it might be detrimental to their financial future. However, more Baby Boomers are in favour of renting.

  • Katherine Doherty
Walk around any Italian town and the message is clear. Elderly Italians like to sit around chatting – and that’s free.

Baby Boomers are loaded. Why are they so stingy?

Recent evidence has cast doubt on the notion that a spending splurge by those born between 1946 and 1964 is on the way.

  • The Economist

We must protect Australia’s free and open economy

Australia prospered in an open postwar world economy. But a new generation has less faith in it.

  • Craig Emerson
See-through embellished slip dresses harked back to early 90s grunge at Albus Lumen’s Monday fashion week show.

Dream of the 1990s comes alive at Fashion Week

Grunge, denim and sexy slip dresses were all over the runways at Australian Fashion Week.

  • Lauren Sams
Baby Boomers are cashed up and spending freely.

Cash splash as Boomers hit the jackpot

After decades of saving, older Australians are spending up. But the wave of cash is causing headaches for the inflation-fighting treasurer and RBA. Can the good times last?

  • Jacob Greber