- Feeling lucky?
Lotteries are not the only game in town when it comes to long odds. Lightning, sharks, kangaroos, bees and emus. It’s a dangerous world out there.
- Australia, drowning in debt
We are awash with debt, addicted to it, drowning in it. To the tune of $4 trillion. Some $174,000 for every man, woman and child. What, if anything, needs to be done?
- Inflation stays low
Australia’s headline inflation rate rose by just 0.5pc during the June quarter, leaving the Reserve Bank with plenty of room to move interest rates lower.
- Buying Australia
Foreign nationals bought over $41 billion dollars of Australian real estate last year. We look at who they are and what it means for the local market.
- Rich pickings: The men who own sport
Tiger Woods went close, but no athlete has ever broken through the billionaire glass ceiling. Yet off the track there are plenty of people who have become billionaires through sport.
- No more rate cuts on the horizon
The minutes from the RBA’s last board meeting suggest that unless something unexpected happens the 125bps worth of cuts since last November will be all for now.
- Politician’s pay rise
The average Federal backbencher earns $190,500, an increase of about $50,000 in the past year alone, with still more to come.
- The Carbon Tax hit list
The 293 entities liable for the Carbon Tax have been fingered. They are the ones that make the wealth, they delve and toil and make this country better by doing so.
- RBA holds cash rate
The RBA has announced it will keep the cash rate on hold at 3.5 per cent following its July board meeting.
- Limping towards a carbon tax finish line
Supporters of the carbon tax underestimated the impact of rising power prices on public perception. Now they face a backlash and a government that lacks the support to deliver.
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