Earlier this year we highlighted the impact the winding down of the mining boom was having on real estate in Port Hedland, Western Australia. Now the doom and gloom has spread across to the east coast. The latest town to experience serious property pain is Gladstone, Queensland. It has had some serious investment around port […]
Just some news to keep you all on your toes. Insurance Premiums on the Rise A client, who maintains an additional industry superannuation account, recently received a rude shock upon noticing a significant increase in insurance premiums being deducted from their industry account. Checking with their fund, they were advised they’d previously been advised of […]
You can save for a lot of things, but saving your way to prosperous retirement is near impossible. Historically (and this isn’t expected to change any time soon) unless you’re enjoying a truly significant wage and saving a massive amount of it, the conspiring elements of taxation, inflation and less than market returns will ensure […]
Economic Overview The scale of China’s economic slowdown and the policy response to it were among themes that preoccupied global markets in the September quarter. On August 11, China devalued its currency by nearly 2%, a move that fuelled concerned about the success of China’s efforts in rebalancing its economy from investments and exports to domestic […]
Have you ever made yourself suffer through a bad movie because after paying for the ticket or rental you just had to get your money’s worth? Some people invest the same way. Behavioural economists have a name for the tendency of people and organisations to stick with a losing strategy only because they have put […]