According to John Kenneth Galbraith, an economist who knew a thing or two about recessions, inflation and deflation and the role of interest rates and Governments, the only reason for economic forecasters to exist was to make horoscopes look reliable.
At the moment, any cursory examination of Australian …
For the past week or so, your burningpants correspondent has been travelling the country, talking to people, presenting data, meeting members of our high net worth panel and listening to what people have to say.
A lot of this time was spent with people from financial planning businesses …
Last week this burningpants’ correspondent found himself at a primary school fundraiser trivia-night.
Don’t worry this isn’t a blog about the state of the Australian education system, but more to do with the fact this correspondent has what can only be described as a prodigious and, some might …
If you are reading this right now and you work in financial services, there is a better than even chance that your boss is a complete psychopath.
This doesn’t mean that they are likely to kill you with an axe and casually stroll down the corridor leaving blood-soaked …
The cash is king catch cry for the security of asset allocation has resonated loud and wide during the Global Financial Crisis.
Yet emerging data reveals the flight to cash tipping point may be nearing.
A tiny 0.2 per cent growth in retail deposits was recorded for banks …
Job losses have affected an additional 200,000 Australians over the past quarter despite the flat economic growth figures released this week.
11.3% of Australians point to a member of their household losing their job over the past three months, up from 9.7% in the previous reporting period – …
