The government and ASIC are demanding banks and financial service providers strengthen their scam and fraud defences. With this nefarious activity costing Australians $318 million in the past 15 months alone, the industry’s positive response has not come quickly enough.
With industry funds feeling the heat from APRA, it’s likely more members will look for a better option, especially if they are nearing or in retirement. Those choosing to do so need to tread warily.
Bicheno hits the spot for seniors wanting a tranquil life
Nestled on the picturesque east coast of Tasmania, Bicheno is a charming coastal town that offers an idyllic setting for retirees seeking a peaceful lifestyle that can still be active and fulfilling. With its stunning natural beauty, friendly and local town community, and a busy schedule of activities, it stands out as an excellent town for retirement.
Natural beauty and tranquillity: First and foremost, Bicheno’s most well-renowned feature is its breathtaking landscapes, from pristine beaches to lush forests. The town’s coastal location provides plenty of opportunities to enjoy serene walks along the shore, explore hidden coves and witness spectacular sunrises and sunsets.
Meanwhile, the Bicheno blowhole (pictured), a natural rock formation that propels water high into the air, is a must-see attraction that showcases the raw power of the Tasman Sea. It might not be quite as famous as the Kiama blowhole in NSW, but that just means there’s less tourists, meaning that you can enjoy this display of nature’s power in peace. Indeed, while it is a town that attracts travellers, one of the great qualities of Bicheno is that its natural surroundings offer a perfect escape from the hustle and bustle of city life to enjoy nature without feeling crowded.
Mild climate: It might surprise some, but another factor making Bicheno an attractive retirement destination is its mild climate. The town enjoys a temperate maritime climate with warm summers and mild winters. This pleasant weather allows you to get out and enjoy nature year-round – with land that suits all-season plants, a beach that is beautifully scenic (even when it’s too cold to dip the toes in) and excellent fishing spots that you can enjoy any time. The moderate climate also means that heating and cooling costs are relatively low, and with the cost of power being what it is, this is a significant benefit.
Vibrant community and social life: Bicheno boasts a close-knit and welcoming community of about 1,000 people, making it easy for newcomers to feel at home. From local markets to art exhibitions and music festivals, Bicheno’s social calendar is much more substantial than might be expected of a small village, and you can be sure that the locals love turning out to these opportunities.
Access to quality healthcare: Always a crucial consideration for retirees, with Bicheno not disappointing in this regard. The town is equipped with essential medical facilities for day-to-day needs including a local health centre and pharmacy. For more specialised medical services, the nearby city of Hobart is just a two-hour drive away, and from there the rest of Australia is readily available via aircraft if you need specialised care.
Affordable cost of living: Compared to the cities, Bicheno offers a more affordable cost of living. Housing prices in Bicheno are relatively lower, making it possible for retirees to find their dream home without breaking the bank. The cost of everyday essentials, such as groceries and utilities, is also reasonable.
Rich cultural and recreational activities: Bicheno is a haven for those who love the outdoors and cultural experiences. The town is surrounded by national parks and reserves, offering endless opportunities for hiking, birdwatching and exploring the island state’s unique flora and fauna. The nearby Diamond Island, accessible during low tide, is a sanctuary of untouched beauty and a popular spot for nature enthusiasts. For those interested in marine life, the glass bottom boat tours provide an immersive experience of the underwater world. There’s also a popular tour experience to spot Tasmanian devils as they go about their nocturnal activities.
In addition to its natural attractions, Bicheno has a thriving arts scene. For a small town the fact that there are multiple galleries, as well as a wine and gin tasting experience, just highlights how much the locals enjoy their cultural experiences.
Delicious food and wine: Speaking of food and wine, Tasmania is renowned for its fresh produce and culinary delights, and Bicheno is no exception. The town’s restaurants and cafes offer a variety of delicious dishes, from freshly caught seafood to locally sourced fruits and vegetables. Wine enthusiasts will appreciate the proximity to some of Tasmania’s finest vineyards, where they can sample award-winning wines and enjoy scenic views of the countryside. Most importantly, Bicheno is renowned for its seafood, so if you are a foodie, the local seafood restaurants are going to become a regular haunt.
