The SMH a couple of days ago had a story about Australian Business Limited‘s suggestion of how the NSW state government should cut spending, improve efficiency and cut business taxes. OK so far, so good. I tend to agree that the NSW state government hasn’t exactly spent its money wiselyContinue Reading
I’m on a course at the moment. Learning about economic capital and Basel II. Surprisingly, I am enjoying it more than I thought I would. It’s run by a former senior banker, with a physics background, who, while he is very senior, can’t let go of the fact that heContinue Reading
Margo Kingston’s webdiary (which I don’t read, but probably should, now I’ve become a blogger) has a really thoughtful submission from Platinum Funds Management on the proposed new anti-terror laws in Australia. As I’ve said before, I feel I should be worried about these new anti-terror laws, but they’re soContinue Reading
Rebel Dad loves to collect statistics on stay at home dads (in the US of course). Elizabeth at Half Changed World joined in with some income analysis. I found an interesting Australian survey, mostly about childcare. A table at the back shows the hours of work of mothers and fathers,Continue Reading
I love The Economist magazine. Perhaps its my politics, (left of centre on social issues, in favour of market solutions on economic issues), or perhaps its the good writing. Or maybe its just the only adult magazine that generally covers the world. One thing that has been bugging me latelyContinue Reading
I was over in NZ for a meeting today, and for the first time ever, didn’t change any money. So I spent the whole day in a foreign with absolutely no cash! It did feel a bit scary (particularly when my diners card was refused at the airport), but itContinue Reading
Yes, I admit, I am addicted to coffee. But my addiction means that it’s one of the few consumer items that I instantly know the price of. So my theory is that the price of coffee is quite closely related to the demand. The smaller the overall demand level, theContinue Reading
The retail investment press is full of articles about super choice these days. Depending on the ideological slant, they are either along the lines of “what a wonderful thing superannuation choice will be – it will give people the chance to choose something that suits them, and Occasionally, an articleContinue Reading
The Economist (subscription only) had an article in its recent survey of banks on the new and increasingly tight regulation of banks world wide. “Medieval engineers built many daunting castles with thick walls and redoubts that made them seem impregnable to the armies of the day. But sooner or laterContinue Reading
Superannuation choice is leading to a new round of interest in fee disclosure for superannuation (and other managed fund products). The latest argument is (as usual) between industry funds and the retail funds. The industry funds have put together a piece of advertising showing the impact of the current differenceContinue Reading
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