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Tag: Best property investment finance

So much spin on BOMAD

Bruce Brammall, The West Australian, 22 July, 2019 There’s a stinking pile of financial bullcrap that I feel I need to disinfect. It relates to the “monstrous” behemoth now referred to as the “Bank of Mum and Dad” (BOMAD). Some stuff written about BOMAD recently has sounded authoritative … but stands tall to scrutiny like […]

Go contrarian on RBA rate cuts

Bruce Brammall, The West Australian, 8 July, 2019 It’s probably not news to anyone that I’m a bit contrarian. I’m a straw-hats-in-winter guy. A buy-assets-during-a-rout sort of bloke. I’m contrarian by nature, but not to the point of being stupid about it. When the sun’s shining, I wear sunscreen. I like my beer cold. And […]

Grumpy, old and holding on

Bruce Brammall, The West Australian, 1 July, 2019   Listen here, you greedy old codgers. Whaddya mean you can’t sell your home? If you really wanted to get into that fancy “Manor of Missing Memories” just down the road, you’d find a way. Please. Save me your sob stories. I’ll betcha plenty of first home […]

It was the season for the EOFY dance

Bruce Brammall, The West Australian, 24 June, 2019 There are really only three times of the financial year in Australia where the masses show any interest. There’s reflection time leading into Christmas. This is followed by new year resolutions in January, while chugging a few beers at the beach. And then there’s June. The end […]

Don’t suck up the dosh with motors

Bruce Brammall, The West Australian, 10 June, 2019   As a kid, I was a Holden man. Barracked for Brocky in his “05” at Mount Panaroma. I had a natural hatred of that famous Ford flog Dick Johnson. But while my first car was a 1980 Holden Gemini, it was followed by a 1984 Ford […]

Property close to bottom

Bruce Brammall, The West Australian, 27 May, 2019 Did anyone else feel a short “WHOOSH!” of wind around 8pm on election night? It was bizarre. The night was completely still. Then there was a burst of a warm-as-breath breeze, before stillness again. I was at an election party. I felt it. I could see others […]

Ignore super fund letters at your peril!

    Bruce Brammall, The West Australian, 13 May, 2019   There’s a predictable front page splash happening very soon. Not if. Definitely when. Here’s the yarn: “Dad and two kids lose home, now destitute, because Mum’s insurance cancelled by government decree.” (Or, you know, some variation on mums and dads and kids.) Why? Because […]

Put the negative gearing gun away

Bruce Brammall, The West Australian, 29 April, 2019 When political promises are made, you largely take them at face value. “Party ABC stands for this”. If given the opportunity to govern, this is the policy they want to implement. For whatever stated reasons. Most of the time, no matter your political colours, you should be […]

Truce be with you in debt star battle

Bruce Brammall, The West Australian, 15 April, 2019 Raising the white flag, when I was a really young lad, meant “surrender”. Giving in. Admitting defeat. It wasn’t until later that I learned it also meant a truce or ceasefire was being requested. Time to see if a negotiated settlement could replace hostilities. We recently had […]

Stay of execution for brokers a lifesaver for borrowers

Bruce Brammall, The West Australian, 18 March, 2019 Bank share prices took an unexpected dive last month. And it was a moment Australians should have stood up and quietly applauded. You should have been cheering for your own back pocket. And maybe just a little bank bashing, because it’s a sport in Australia and, hell, […]