A correction to our Money Weekend article. The government’s Financial Claims Scheme covers bank deposits up to $1 million. According to our pals at the Australian Prudential Regulation Authority (APRA): “The Commonwealth Government has issued a guarantee of deposits at ADIs up to $1 million per depositor in any one ADI. The guarantee will remain [...]
healthcare
There are plenty of myths and legends in economics and politics.
One that has gained a lot of support – thanks to bureaucratic propaganda – is that tax cuts are inflationary.
Needless to say, this downright lie has been lapped up by the political hacks in the mainstream press. Largely because, well that’s what the bureaucrats [...]
Before we get on to today’s non-property related edition of Money Morning a very brief follow-up to yesterday’s edition.
First of all, we’ve re-read it, and do you know what, it seems a little disjointed. After two weeks of a property famine, on reflection we think we tried to cram in too much – must [...]
