Financial Focus | Summer 2023 Edition

In this issue:

• Pay Down Mortgage or Boost Super
• Financial Wellbing and Rising Cost of Living
• The Board game renaissance

Pay Down Mortgage or Boost Super

• Superannuation offers tax advantages, enabling pre-tax contributions or deductions, unlike mortgage repayments made with after-tax income.
• Comparison of scenarios at different income levels shows the potential advantage of investing in super, illustrating higher net gains in super contributions over mortgage repayments.

Financial Wellbing and Rising Cost of Living

• As inflation soars to the highest rates in two decades, older Australians becoming increasingly
• Find out what matters most from older Australians in terms of their financial wellbeing.

The Board game renaissance

• The board game market has experienced significant growth, reaching an estimated value of US$12 billion, offering a nostalgic escape from screen-focused modern living.
• Beyond nostalgia, board games offer substantial benefits such as enhancing cognitive skills, improving social interactions, and potentially aiding in preventing cognitive decline and mental health issues.
• With origins dating back thousands of years, board games cater to diverse categories and have evolved from ancient games like Senet and Mancala to modern classics like Chess and Cluedo, offering both entertainment and valuable life lessons while promoting mental and physical well-being.

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