Australian retirees are wealthier than ever, thanks to decades of superannuation growth and soaring property values. But with that prosperity has come a disturbing rise in inheritance impatience – where children and relatives pressure older Australians to hand over their savings early. 

In this episode of the Bloomberg Australia Podcast, Chris Bourke speaks with economy reporter Swati Pandey about the rise of financial elder abuse. They discuss how housing pressures, the cost of living and wealth divides are fueling this trend, as well as the toll it takes on victims and what’s being done to better protect retirees.

Australian retirees are wealthier than ever, thanks to decades of superannuation growth and soaring property values. But with that prosperity has come a disturbing rise in inheritance impatience &ndash; where children and relatives pressure older Australians to hand over their savings early. In this episode of the Bloomberg Australia Podcast, Chris Bourke speaks with economy reporter Swati Pandey about the rise of financial elder abuse. They discuss how housing pressures, the cost of living and wealth divides are fueling this trend, as well as the toll it takes on victims and what&rsquo;s being done to better protect retirees.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

How Inheritance Impatience Is Fueling Elder Financial Abuse

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8e2a70a7-7be9-47e0-a41e-b3630040ebab/transcript

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