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In very simple terms,what happens when that group stops spending,as a lot are starting to do..

In no way do i think like that all i'm trying to say is that age group holds the money,their is data out there from surveys the Banks have done over the past few months ,facts don't lie..

What most don't know is the high end wealth in Australia is held in the 50-70 age groups,over 70 very low in %wealth,the same from %50 below, Labor would be more worried about that50-70 age group then any other..

Depends on the person,some "BB" i know have very little super,stuff all in the bank,and rent,while others have money to burn,and what is inbetween those groups would be different again,very hard to say what will happen just enjoy each day..