It has become something of a cliché, but technology really is changing the way we live and work. On buses and trains, for example, half of the passengers are likely glued to smartphones or tablets. Technological developments are certainly not confined to telecommunications; in fact, new technologies are heralding enormous changes in a very wide range of industries globally. And, in some cases, technological advances are creating entirely new industries whose participants are enjoying stellar growth rates. 

SMSF investors should think about purchasing property within their SMSF in their 30s rather than postponing it until they are in their 40s, but only after seeking professional advice, according to wealth advisory group Omniwealth.