The average Australian now has about $1000
more each month than just eight months ago.
Taking the latest April rate cut into consideration,
home-owners will save around $750 to $800 a
month on mortgage repayments alone compared
to just eight months ago. These savings, combined
with the dramatic fall in petrol prices and
an easing in grocery, wine and travel costs,
will see the cost of living fall to a level
not seen for many years.
Added to this has been the Rudd government’s
pre-Christmas cash stimulus, with even more help
on the way through the $42 billion package. The
second round of cash payments are underway, and
the bottom line is that despite the difficult
times, the average Australian has far more in
the pocket than at this time last year – up
to $1000 a month and more.
There’s an opportunity to use this additional
cash flow to change the longer-term outlook rather
than spending it on short-term consumer goods.
If you are in the average bracket where your
monthly cash flow has eased by up to $1000 per
month, we could work with you to use this opportunity
to create a long-term change in your future retirement
circumstances. Here’s a chance to make
a strategic jump to an investment that might
not have seemed possible this time last year.
Phone (02) 9687 3601 or email info@mccarthygroup.com.au
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