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2021/22 FWP Budget Review
Read more: 2021/22 FWP Budget ReviewThe first post COVID budget has been released and while the numbers are slightly better than what was previously expected, it wasn’t a budget where the reins were pulled. Given the spending, Labor must be wondering what to do with themselves. On a surface level, the LNP are seemingly occupying more of what is often marketed as Labor’s bigger spending space. Where this leaves Labor ideologically, as the LNP projects budget deficits for years with net debt pushing $1 trillion dollars, who knows? With an early election supposedly coming up off the back off this budget, there is plenty of…
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Searching For Confirmation
Read more: Searching For Confirmation“Can you tell me which stocks to buy?” Jumping in the deep end before you can swim investment questions aren’t a new thing. People have always contacted us to ask questions that only prompt more questions. Ones they haven’t considered. It’s only natural that if your job involves money, someone will inevitably ask you about their stock or want a financial forecast. More and more, these questions have gravitated to the internet. A little anonymity means you don’t have to feel embarrassed to ask a straightforward question. The more seasoned investors would always snigger, but we all have to start…
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Purpose Over Details
Read more: Purpose Over DetailsIt was a Wednesday morning, and the coffee and biscuits were all laid out. The room was filled with about twenty over fifties. It was a retirement information session put on by a local council for their employees. After accepting the invitation a few weeks earlier, we were speaking third. The topic was obviously retirement, but the question was: what should we speak about? As we waited to present, the rep from the superfund went through the stuff you’d expect to hear from a superfund. They touched on the income test and assets test, making reference to the fact we’d…
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2021 March Quarter Overview
Read more: 2021 March Quarter OverviewEconomic Overview The world held its breath as it entered the first quarter of 2021. Despite hoping for a peaceful transition from President Trump to President-elect Biden, the US Capitol Building was stormed by supporters of President Trump on January 6. The havoc saw five people die, including a Capitol Police officer. In the wake of the violence, President Trump elected to bypass President Biden’s January 20 inauguration and there were lingering concerns of civil unrest. Thankfully, the Inauguration was uneventful. With the US political environment slightly more subdued, attention turned to the eye watering stimulus. The stimulus at the…
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Another Year of Lazy Success
Read more: Another Year of Lazy Success“el hombre perezoso hace el doble de trabajo.” You might say this Spanish proverb is about the discouragement of a certain behaviour. In almost every facet of life we are encouraged to give our best and work our hardest. It’s something we see taught in school. When we go through our careers. Maintaining our homes, or if we’re involved in competitive recreational pursuits. Not giving our best will surely have consequences. “The lazy man does twice the work.” The belief is that more effort will bring its own rewards. In this instance, not having to do something twice becomes the…
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