Cuts in retiree spending as COVID-19 financial storm punishes older Australians

EW
Updated June 19 2020 - 1:55pm, first published June 16 2020 - 12:50pm
Retirees cut back on spending as financial storm hits home.
Retirees cut back on spending as financial storm hits home.

RETIREE groups have warned the government that Australia's economic recovery is at risk because the COVID financial crisis has severely undermined the confidence of retired investors.

EW

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0487 495 805

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