News

Bad banks dying might keep overborrowed homeowners alive!

The current crop of scary bad banking headlines should make the US central bank and our own Reserve Bank think twice before raising interest rates again.

Another dopey US bank fails. Don't panic.

In a world obsessed with click bait, these US bank failures are big news. The lesson is this: turn off the negative media and don’t panic.

Why did Silicon Valley Bank fail? Could it happen here?

The US banking system is for a country whose national anthem has the words “the land of the free and home of the brave”. The US banking system is too free, therefore you have to be brave to trust any bank that’s not too big to fail. Could we have a similar problem here?

Working 9 to 5, it’s all takin’ and no givin’

Does Albo really want a four-day week on full pay? For employers, particularly post pandemic, “it’s enough to drive you crazy if you let it”!

Albo’s doing the mess around with franking credits. What’s his next move?

Messin’ round with Paul Keating’s franking credits? Wasn’t Bill Shorten seen as the bogey man for that out of touch step?

Are industry super funds wasting billions of your retirement nest egg?

Is the Daily Tele’s Ben Butler right in arguing that industry super funds are wasting billions of members’ money on high-flying fund managers and other services.

Are banks happy to help the RBA kill customers?

Are banks happy to help the RBA kill customers?

When will the RBA pause these incessant rate rises?

I’m continually asked if the Reserve Bank will raise the cash rate again tomorrow. The economics tells me he should pause, but with amateur psychologist hat on, here’s what I tip.

This is a crazy super plan by Treasury. What were they smoking?

This is a super ticking time bomb that affects retirees today but it could be any aspiring Aussie tomorrow

Aussies are feeling the pinch

Yesterday’s data drop gave us early signs that households are really starting to feel the pinch. Are tough times ahead?

Could the Chinese tourist help save the ‘RBA bashed’ economy?

Tourism Australia boss Phillipa Harrison is heading north to woo back our important Chinese travellers. With China possibly throwing Putin a lifeline, her task could be a tough one.

7 rate cuts ahead!

Some say seven rate cuts are on their way but so is more pain!

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