Published on 16 Oct 2023 on Insider Monkey via Yahoo Finance
15 Best Places to Retire in Australia
This article takes a look at the 15 best places to retire in Australia. If you wish to skip our detailed analysis on the rise of ETF investments in Australia and the country’s viability as a retirement destination, you may go to the 5 Best Places to Retire in Australia.
The Rise of ETF Investments in Australia
The Commonwealth of Australia, with its impressive mega-cities, tropical beaches, and many natural wonders, is one of the fastest-growing countries in Asia. Its economy is expected to continue outpacing other advanced economies, with a growth of 1.6% as of 2023. Both prosperous and innovative, this very economy has been a hub for international businesses, attracting investments from around the world. As of 2021, foreign direct investment (FDI) surpassed AUD 1 trillion, equating to almost half of its economy. However, the years ahead for the country see a weak economic outlook amidst tightening financial conditions.