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That’s today’s headline. The headline for Monday’s Money Morning will be the follow on… “How a Housing Index Could Work”.
Yesterday I mentioned that the Australian Securities Exchange (ASX) is considering offering an index based on residential house prices.
The index – from what we can gather – will allow investors to bet, gamble or punt [...]

Yesterday we quoted an article in the Australian Financial Review which said the proposed cash for clunkers scheme would:
“[C]ut carbon dioxide emissions by 1 million tonnes and save $344 million in fuel costs in the next 10 years”.

We then wrote, “But when you compare it to Australia’s total CO2 emissions as of 2007 of 374 [...]

The S&P/ASX 200 ended the higher by 13 points to 4,409.90. Coming out today is lending data for May from the Australian Bureau of Statistics (ABS). Yesterday, ABS data showed home loans rose by 1.9% for May, after a 1.8% in April.
Overnight, the Dow Jones Industrial Average closed at 10,216.27, up by 18 points. [...]

Yesterday’s initial reaction from the online media gave it almost no mention.
Today’s Australian Financial Review (AFR) mentions it but sees it as a positive.
Typical.
You’ve read and heard all the nonsense about the strength of the Australian economy. Just yesterday the ABC reports Kevin1807 as saying:
“Today we have revealed and released the national accounts. They point [...]

Who’s abusing your private information more? A private company that naughtily gives advertisers access to your details, or a government bureaucracy using your private information in order to force you into doing something against your will…

What a time to be trying to pick a stock or two for this month’s Australian Small-Cap Investigator.
The way I look at it, backing small-cap stocks can be like punting.  It’s one of the riskiest share investments you can make.  And that’s even when the market is going in your favour.
But when the market has [...]

Just a few quick comments from your editor today before we hand over to assistant editor Shae Smith.
We’re concentrating on the May issue of Australian Small-Cap Investigator for most of this week, but we should still find time to lob a few grenades at mainstream thinking.
So, before Shae takes up the slack, a couple of [...]

Your editor breathed a huge sigh of relief this morning. I’ll tell you why. It was after we read these five headlines:
“Property boom spurs spending spree” – The Age
“Big four banks gorge on house mortgages” – The Age
“Mortgage supply will not meet demand” – Banking Day
“‘Fair chunk of salary’ goes toward debt” – [...]

If you’re one of the many Money Morning readers suffering from property and housing withdrawal symptoms then don’t worry, because this morning we’re back on the bandwagon.
And if you’re one of the many Money Morning readers who’s glad we’ve stopped banging the housing drum then all I’ve got to say is, “Sorry, we’ll have a [...]

A quick follow on from yesterday’s Money Morning. We like this quote we’ve found from Professor Walter Block:
“Consider a man and a woman each with a productivity of $10 per hour, and suppose, because of discrimination or whatever, that the man is paid $10 per hour and the woman is paid $8 per hour. [...]