Red Alert: Investment Scams On The Rise!

A new report from ACCC shows that Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, more than the total losses reported to Scamwatch for all of 2020, and projected losses are set to reach $140 million by the end of the year.

“More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, and cryptocurrency scams were also the most commonly reported type of investment scam, with 2,240 reports.”

https://www.accc.gov.au/media-release/australians-lose-over-70-million-to-bogus-investment-opportunities

Go to the Walk The World Universe at https://walktheworld.com.au/

Pets Now Welcome! Property Signs 23rd August 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In today’s show we look at changes to strata law which allows pets across New South Wales, how some are seeking to take advantage, the latest on property search, and the continued pressure from the Industry to abolish stamp duty.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Asbestos: The Scientific Facts & Challenges

In the latest in our series on the health risks arising from Asbestos, we look at the scientific endeavours which have warped the truth, and excluded public debate. We use important research from Asbestos Awareness Australia.

https://asbestosawarenessaustralia.com.au/

Given that around 4,000 people in Australia die each year from exposure to Asbestos, and of that more than 800 die from the severe disease of mesothelioma, its time for fresh thinking and more specific alerts to the community, especially those undertaking DIY renovations. At least a third of all property across Australia contains highly dangerous Asbestos. Yet science is mute. And in the third wave ever more women are being impacted.

“[N]ot only was the medical profession’s reaction to the asbestos hazard often feeble, but scientists have also been among the industry’s most strident defenders. There are two reasons why that was so: corporate suppression and intimidation meant that criticism of the industry came at a price … and the convergence of the economic, political and social interests of the scientific establishment and commerce. “

Here is the full report for download and printing.

https://digitalfinanceanalytics.com/blog/wp-content/uploads/2021/08/Asbestos-Science-21-Aug-2021-FINALpdf.pdf

Delta Takes A Toll: Market Update 21st August 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In today’s show we look at the market wrap, and also consider the undercurrents ahead. Is the Delta variant starting to cast a larger shadow, and what might this mean for markets and central banks?

Go to the Walk The World Universe at https://walktheworld.com.au/

Are We Cooked Yet? With Professor Steve Keen

Steve Keen, the controversial economist, and I caught up for another discussion on debt, why big debt is a problem, what could be done and more broadly what this says about our leaders and economists in general. And then we turn to the greatest moral challenge of our time!

Support Steve via his Patreon Channel here: https://www.patreon.com/ProfSteveKeen

Watch our previous shows: Are Icebergs Fluffy? … A Conversation With Steve Keen https://youtu.be/OxG03LPcT4I

The debt problem: https://youtu.be/fn0zNIkepbA

Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics

Yet More Numberwanging The DFA Daily 20th August 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In today’s show we look at the latest employment data from the US, and Australia and discuss the implications, and highlight that the numbers tell us less than many think about what is going on. Not least, do people spend less time looking for jobs when the Government hands out more support?

Numberwang is a recurring sketch in Series 1 and 2 of That Mitchell and Webb Look. It is a fictional television series in which the two contestants call out seemingly random numbers which are occasionally told to be Numberwang. Each episode varies slightly, with the basic format remaining each time.

https://theconversation.com/vital-signs-4-6-unemployment-rate-hints-at-whats-possible-but-its-not-the-real-thing-166162

Go to the Walk The World Universe at https://walktheworld.com.au/

Ambiguity Rules: The DFA Daily 19th August 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In today’s post we look at the latest from the FED, and why it drove markets lower, Robinhood’s results, the latest on UK inflation, and why the Bank of England is still forecasting rises of twice its target, weak mortgage lending from ANZ and the fall out from the BHP betting on potash over big oil.

Go to the Walk The World Universe at https://walktheworld.com.au/

Oh-Oh! That’s Not Meant To Happen – The DFA Daily 18th August 2021

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In today’s show we look at why the property bubble may deflate, events in New Zealand as the Reserve Bank holds the OCR, weak retail sales in the US, as markets fall, weak wages growth, yet another Government inquiry into housing, and Domain’s promise to return JobKeeper…

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

DFA Live Q&A:All About Strata: With Amanda Farmer Edited Replay

This is an edited version of our recent live show as I discuss strata property issues with Amanda Farmer a specialist strata lawyer with over 16 years’ experience in strata and community living from https://yourstrataproperty.com.au/

Special link for DFA followers as mentioned in the show: https://yourstrataproperty.com.au/dfa/

https://walktheworld.com.au/

Original live recording with chat replay is at https://youtu.be/u2oQelofUeU

Caveat Emptor! Note: this is NOT financial, legal or property advice!!