The Coalition has pledged to give young Australians access to up to $50,000 in their retirement savings to get a toehold in the housing market. Super funds say it will only further inflate property prices.
Listed property, which found investor favour in 2024, is better positioned to weather market volatility with institutions eyeing improving valuations and development opportunities. For overseas players, a weaker Australian dollar is a bonus.
Fundies getting behind Oasis Africa
(Pictured: Stephen O’Brien and Gabrielle Pool)
The annual Oasis Africa fundraiser, which is supported by various financial services types, takes place at the Civic Hotel in Sydney’s CBD on May 1.
One of the directors, Stephen O’Brien, is selling limited print photographs taken during a recent trip to Kenya while artist Gabrielle Pool (both pictured with one of the photos) is selling a range of her paintings inspired by the people the charity has helped.
O’Brien, who last month left the funds management organization Brookvine, said he wanted to take time out to concentrate on Oasis Africa’s development, including this fundraising event.
“It’s a night of drinks, fine food and African entertainment,” he said. “Ticket sales, and the sale of paintings, photos and other items go to support the school Oasis Africa built for the under-privileged children in Kibera, one of Africa’s largest and most notorious slums, in Kenya in 2005.”
Since 2005, subsequent fundraisings have enabled the charity to focus on a secondary school and vocational scholarships for students in Kibera, and also to establish a partnership with a primary school in Soweto slum, Nairobi, in 2013, he said. A self-sustaining farming project was also established in 2013.
Tickets, at $95 each, can be pre-purchased at: www.oasisafrica.org.au or at the door of the Civic Hotel, Level 1, 388 Pitt Street, Sydney.
