In our first post for the new year, we begin a multi-part examination of superannuation, using the recently released data from APRA on industry and fund level performance to June 2013, together with DFA’s own research. Superannuation has become big business, with total assets now worth over $1.62 trillion (compare this with the $5 trillion … Continue reading “The Superannuation Story, part 1”
I was joined by Steve Mickenbecker to review this weeks news from the RBA and others. How should we interpret the data, and what does this tell us about the rates outlook? Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a … Continue reading “The Real Story On Rates (2)…”
From The Conversation. The move for an inquiry into how banks treat small business customers should not overshadow the ongoing call for a broader royal commission on banks. Several financial inquries (outlined below) have failed to tackle the growing concentration in the Australian finance sector, or the need to separate general banking from investment banking … Continue reading “A history of failed reform: why Australia needs a banking royal commission”
From The Conversation. The government is still consulting on superannuation after concerns raised by backbenchers over changes made in the budget. However these changes are more important than ever, as evidenced by the 2016 HILDA statistics on wealth and superannuation. The statistics highlighted changes in the distribution of wealth of Australians since the survey commenced … Continue reading “Wealth inequality shows superannuation changes are overdue”
The unelected, neo-liberal biased International Monetary Fund, one among many technocrat groups which try to impose top-down advice based on their underlying philosophy, recently released their latest advice relating to Australia. Their concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to … Continue reading “Who’s Telling Porkies Now?”
The unelected, neo-liberal biased International Monetary Fund, one among many technocrat groups which try to impose top-down advice based on their underlying philosophy, recently released their latest advice relating to Australia. Their concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to … Continue reading “Who’s Telling Porkies Now?”
The ABS released their latest data on Household Wealth in the March 2024 quarter today. They say in aggregate terms, household wealth was up 2.7% in the March quarter, or $431 billion dollars. The value of assets is skyrocketing at the moment, but incomes are hardly growing. So if you’re lucky enough to own any … Continue reading “The Serious Money Is In Housing… But…”
The ABS released their latest data on Household Wealth in the March 2024 quarter today. They say in aggregate terms, household wealth was up 2.7% in the March quarter, or $431 billion dollars. The value of assets is skyrocketing at the moment, but incomes are hardly growing. So if you’re lucky enough to own any … Continue reading “The Serious Money Is In Housing… But…”
Well, those following my channel over recent years will know that I have been quite skeptical of Crypto wave, and while Crypto has gone through several major drops in its history, this time could be different. I was not impressed with so called celebrities starting spruiking them, including Kim Kardashian, but when financial mainstream started … Continue reading “This Crypto Winter May Not Turn To Spring! [Podcast]”
Well, those following my channel over recent years will know that I have been quite skeptical of Crypto wave, and while Crypto has gone through several major drops in its history, this time could be different. I was not impressed with so called celebrities starting spruiking them, including Kim Kardashian, but when financial mainstream started … Continue reading “This Crypto Winter May Not Turn To Spring!”