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Category: The West Australian

It’s an Olympian effort but you need to check your super fund

The Olympics is an interesting armchair spectator sport in a philosophical sense. Every four years, for two weeks, we all become experts in sports we know absolutely nothing about. “Oooh, bad rotation.” “Great double pike with twist!” “Lift your stroke rate girls”. But the Olympics is for all ages. Four years ago, when the Beijing […]

Frazzled investors awaiting share “sign” get a big clue

Sometimes you just get “a sign”. And you just know IT is about to happen. There’s that vacant stare from a two-year-old that means: “I’m filling my nappy”. There’s that look from your wife that says: “Don’t say a word!” If you do, hell will visit your earth. The first-night waitress says: “Hmm, are you […]

Time can add up when you do things efficiently

There are two opposing views on how to get things done efficiently – the Walter Chrysler way and the Lucille Ball way. Ball: “If you want something done, ask a busy person to do it.” Chrysler: “Whenever there is a hard job to be done, I assign it to a lazy man; he is sure […]

Deciding when to shop online … and off

Next time you order in a pizza, put a big dollop of ice cream in the centre. Let it melt, then eat. Bad combination? Right, now you get Debt Man and shopping. If you ever see me in a retail environment – anything except a restaurant, pub, or bottle shop – do not approach or […]

Combating fear the way to go for first home buyers

Virgins, it must be said, don’t know what they’re missing. No matter how countless the hours they spend anticipating, fantasising and obsessing about “it”, they simply can’t know what the fuss is about until they’ve actually done it. It’s the same thing with virgins of the first home owner variety. They longingly visit open homes. […]

EOFY super strategies

It’s hard to get your super to soar like an eagle when it’s regulated by a bunch of turkeys. And whether the gobblers pulling the strings in Canberra are politicians or public servants matters little. Super will be a lot less so from next month. Forget the recent market gyrations and their impact on your […]

Rate cut bonanza

Rate cut party in … da … house! Woo-hoo! There’s nothing like the smell of a rate cut as you’re heading into winter. The Reserve Bank has just deposited a huge wad of money into your pockets. Thanks Guv’nor Stevens! Nice guy to shout all us struggling homeowners a drink, ain’t he? Not so fast, […]

Super honeypot

“One small swing for Swan. One giant blow to mankind.” If you believe that where’s there’s smoke, there’s fire, superannuation is going to cop a bullet to the head in next week’s Federal Budget. A little bit like Danny Glover revoking “diplomatic immunity” in Lethal Weapon 2. The low-tax environment that is super could be […]

Henry Murray bonds

Everyone with an opinion loves to be able to say “I told you so”. Hey, it’s fun. Who would ever tire of getting predictions right? If you had the power to predict, would you use it for evil? Much as I’d want to think I’d only use it for good, I’m pretty sure, at least […]

FoFA ASIC shadow shop independence

It’s been a big and bruising 10 days in the financial services sector. First, a legislative bomb landed. Then a hand-grenade report was tossed in to finish off the wounded. So, today I’m reporting from the financial advice frontline in the “war of independence”. It’s chaos out there. Looks more like the aliens from “Independence […]