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Dev Raga Personal Finance
335 salary packaging & HECS, rising health care costs, elective egg freezing + more
Aug 29, 2023
This Q&A episode covers topics such as the future of the private health industry post-COVID, vet careers and earning potential, salary packaging and HECS/HELP, the process and costs of elective egg freezing, and the recommended savings rate. It also references related episodes on private health insurance and savings rate versus investment returns.
30:14
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Quick takeaways
- The private healthcare industry in Australia is expected to remain robust post-COVID, emphasizing the importance of private health insurance and maintaining a strong public healthcare system.
- Vets should live within their means and not worry about the public perception of their income, as it is crucial to break the myth that all vets are wealthy.
Deep dives
Outlook for the private healthcare industry post-pandemic
The private healthcare industry in Australia is expected to remain robust even after the COVID-19 pandemic. While there may be occasional recessions and budget pressures, the overall outlook for healthcare is positive. The demand for private health insurance is encouraged, and efforts to maintain a strong public healthcare system are emphasized. There may be potential restrictions or changes in access to public healthcare in the future, but the importance of healthcare as a human right is emphasized.
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