In the Budget released in May, there were a few lesser known changes that apply to aged care. In particular, the government has proposed to save $1.2 billion over the next four years through changes in the Aged Care Funding Instrument (ACFI).
Superannuation is a way of putting money aside now so you can live comfortably when you are retired.
Investment planning involves buying into an asset class on the open market - cash, fixed interest, property or shares - with the expectation that the value will increase so you can sell for profit in the future. Therefore with successful investing, you are able to accumulate wealth.