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Tag: Offset/redraw accounts

A baseball bat for property buyers?

Bruce Brammall, The West Australian, 29 October, 2018   Sometimes, a bit of toughness is needed to get your point across. You need to send a strong message, because nice isn’t cutting it. Sure, try silent treatment. Persuasive argument. Carrots and sticks. Screaming, ranting and raving has its place. Ask my DebtKids. I don’t think […]

Lessons learned after sweet spend leaves sour taste

  Bruce Brammall, The West Australian, 8 October, 2018 Mrs Debtman recently came to me with a concerning scenario. About her spending habits. Oh, God, where would I start? Hang on, is this one of those no-win questions? Could the wrong answer end my marriage? “I took out $500 on Friday and there’s only $120 […]

Not all advisers are bad apples

Bruce Brammall, The West Australian, 24 September, 2018 I won’t defend stupidity. I despise laziness. Watching deceit in action makes my skin crawl. And I tend to smell most bullshit from a long, long way away. My son, DebtBoy, is finding out about my “bullshit” meter on a regular basis now. “Dad was your age […]

Don’t fall into the cash parent trap

Bruce Brammall, The West Australian, 27 August, 2018   My understanding was that I should have been obscenely rich – an heir to an unearned fortune worth squillions. Piles of gold bigger than Scrooge McDuck’s. The Brammalls (or Bramalls) of Sheffield, United Kingdom, were apparently wealthy land owners during the time of the city’s peak […]

Industry clean-out is a good thing

Bruce Brammall, The West Australian, 13 August, 2018 Sometimes the rules of any game need an update. It’s just time to raise the bar. To modernise and improve. It can cause a bit of havoc. The bigger the change, the more difficult the transition. Some players will give up because they can’t adjust. Others will […]

Investment lessons to be learnt

  Bruce Brammall, The West Australian, 30 July, 2018   We’re a bit of a laughing stock, aren’t we? Some 10 years after the GFC and our little first world country’s stock market is still underwater. How embarrassment. Pathetic. The ASX/200 peaked around 6828 points and we’re still sitting around 6250 – still about 8.5 per […]

Pho food’s sake

  Bruce Brammall, The West Australian, 16 July, 2018 Cheers from Hanoi, Vietnam! This city has certainly changed in the 20 years since I was first here. More so than I have. In that time, I’ve got married, had two DebtKids, bought a few homes, changed careers, built a couple of businesses and it wouldn’t […]

Home owners, investors and Perth’s property market

Bruce Brammall, The West Australian, 18 June, 2018   It seems property markets have puffed out – and statistics everywhere seem to be declaring a turning of the tides. Sydney and Melbourne property markets have passed their prime, their use-by date. And they’re starting to get a bit whiffy. But for the West? Well, it’s […]

‘Tis the season to peer at finances

Bruce Brammall, The West Australian, 4 June, 2018 It’s a bit fresh outside. Which makes it the perfect time for our favourite indoor sports. Not that indoor sport. Get your minds out of the gutter. I’m talking about “grand final” time for your personal finances. And as most of your finances are handled via your […]

Insure that you have ‘opted in’

Bruce Brammall, The West Australian, 14 May, 2018 It sends a shocking message when the government says “you don’t need insurance”. That’s not precisely what Treasurer Scott Morrison has said. But his Budget-night release for plans on insurance in superannuation is certainly going to give off that impression. Super funds will be stopped from automatically […]