About 70 local residents gathered for a financial seminar at the Campbelltown Catholic Club on Tuesday as guests of national accounting firm Chan & Naylor.
They were there to learn more about improving their financial fitness through investment, wealth creation and superannuation.
“The main focus of the night was how people can get more mileage for the buck through their superannuation,” said Peter Ristevski, Managing Director of Chan & Naylor Bankstown.
“There is no doubt that the welfare net is a thing of the past, and we need to think smarter to work out the best way of independently funding our future,” he said.
“This needn’t be a hard slog, with lots of local investment opportunities, particularly through self-managed super funds, to help people’s money work harder.”
Mr Ristevski believes there is a plenty of growth opportunity in South West Sydney, describing the area as a prime “mortgage belt’’ investment area thanks to the billions of dollars governments have earmarked for local infrastructure development.
Guest speaker Ken Raiss from Sky Business “Your Money Your Call’’ said it was imperative for residents to improve financial literacy in order to reap the future benefits.
“This is important both for present and future generations who will contribute to local development,’’ Ken Raiss said.
Chan & Naylor’s goal is to meet this new demand by providing a holistic one-stop accounting and wealth advisory service through its Bankstown office.
Chan & Naylor Bankstown have been Australia’s fastest growing firm for the past three years, according to BRW.