New research from the Australian Institute of Family Studies (AIFS) released on Wednesday shows that intergenerational financial support — flowing from older, wealthy family members to younger ones — is increasingly driving inequality.
New research from the Australian Institute of Family Studies (AIFS) released on Wednesday shows that intergenerational financial support — flowing from older, wealthy family members to younger ones — is increasingly driving inequality.
Feels quite the opposite from my perspective. The amount the tax office has taken over the 2 years to clear my parent’s estate is staggering. The legal fees felt proportionate, tax hell no! Paying for dying is idiotic.