Recent Posts by Peter Kelly

The things I wish I knew then

Way back on 12 December 1967, I started my first job - with the princely salary of $1,589 per annum. Fresh out of school and with the dream of becoming an accountant, I started working for the Australian General Insurance Company, part of Mercantile Mutual Insurance. Their un-air-conditioned offices were at 117 ...

Affordable housing – Is super the answer?

In its 2017 Budget, the Government announced several measures designed to ease the pressure on spiralling housing prices, particularly in the East Coast capital cities of Melbourne, Sydney and to a lesser degree, Brisbane. I was in Sydney recently on a personal visit and couldn’t help but notice the eye-watering prices ...

Has superannuation failed us?

For many older Australians, superannuation is a relatively new concept, having only been available to the masses since the mid-1980’s. Although ‘award based’ superannuation first appeared in 1985, the more formal compulsory superannuation guarantee system was introduced in 1992. Before becoming compulsory, employer sponsored superannuation was pretty much optional. Certainly, public ...

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