Some reasons to require more than you think are as follows.
Medical costs are rising at more than the cost of inflation, as are health insurance costs.
Electricity and gas costs are rising at a rate significantly more than inflation.
Council rates rise each year , as do the costs of running a car , and numerous other expenses.
The A$ is falling and will likely continue to , whilst at the same time the price of oil is rising.
In addition to petrol, this will impact many other items that have been transported/imported etc.
It is probable that Australia is about to enter a period of higher inflation.
Finally, we just know that politicians can’t keep their hands off your super, making us the only
country in the world that changes the rules every budget/election cycle.
