23 Nov 2018
50 million
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The Australian Bureau of Statistics (ABS) has released population forecasts for Australia which on a best case scenario see us reaching 50 million by 2066.
Let’s put aside the fact that some of us may not be around in 2066.
The implication, assuming the population does increase, is multiple decades of increasing consumption of goods and services which is good for business and good for property prices.
This does not mean that we are immune from a property crash and or a share market crash and or a bond market crash along the way which is defined as a fall of 20% or more from recent peak.
So remember, when fear and panic take hold during the next financial catastrophe, investors will be presented with the opportunity to buy more quality assets at discounted prices.
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