Australia’s finances are likely to be in surplus to the tune of $4 billion by next financial year with much of it driven by increased company profits – especially in the mining sector & a crackdown on government spending.

But some analysts are urging caution with some saying that while it’s good to be in surplus, there is still some volatility in the market and retirees especially should not get caught out.

To get more analysis on this, Michael talks to Nerida Cole, Head of Advice at the financial services firm Dixon Advisory.

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