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Today is Australia Day and we’re taking the day off.  In fact, we’re taking a few days off. While we’re away our hot-seat will be filled by a host of other characters.  We’ll be back next week sometime… Thursday if we remember rightly.  Until then… A quick note on Australia’s overpriced housing.  Yesterday we wrote: [...]

Clearly Senator Nick Xenophon is a better man than your editor. Either that or he’s just easier to please. All the South Australian senator needed in order to plunge Australian taxpayers into a multi-billion dollar black hole was a 36 page report from NBN Co telling him why a fibre network is a bonza idea. [...]

Today your editor is beavering away at finishing the November issue of Australian Small-Cap Investigator. That means a couple of the subjects I wanted to bring up today will have to wait until tomorrow – the Irish bailout was one of them, and proof of Reserve Bank of Australia manipulation in housing markets was another. [...]

Well reader, I have to say it, today your editor read the most ridiculous article we’ve ever read on Australia’s now-popped house price bubble. And believe me, that takes some doing.  There’s been a heck of a lot of rubbish written over the years, but the article we read today trumps the lot. What makes [...]

Seeing as we’re in the midst of witnessing the collapse of the Australian housing market, I thought it would be appropriate to stick with the subject for today. But before I do, a quick note about the G20 meeting over the last few days. You can read the full text of the Leaders’ Declaration here. [...]

…Or should that be Last Decade? This morning’s decision by the US Federal Reserve’s Federal Open Market Committee (FOMC) is the final act in American global economic dominance. If the US economy wasn’t already terminally ill, then this morning’s news from the FOMC has pushed it into terminal illness. But before I get onto that, [...]

Your editor is working from home in Frankston today. We’re trying to concentrate our mind on the September issue of Australian Small-Cap Investigator.
We think we’ve just about recovered from the jet lag after our 25 hour journey from Boston to Melbourne. But at least it wasn’t as bad as the 50 hour journey [...]

Today your editor is writing to you on Sunday afternoon from a departure lounge at Sydney Airport as we prepare to head off to the publishing conference in Maryland.
But by the time you read this we’ll have just about reached our destination.

As we write the Commonwealth Bank of Australia [ASX: CBA] is yet to publicly [...]

How saving the savers is costing the savers so dear…
On the MORNING of Weds 12 Sept. 2007, Northern Rock – the UK’s fifth-largest mortgage bank – ran a banner advertisement across the lower front-page of Britain’s best-selling broadsheet, The Daily Telegraph.
The ad promised 6.30% interest on new deposits, a return-to-cash not offered by High Street [...]

Today we’ll have a little crack at the National Broadband Network (NBN). But before we do, let’s have a quick follow up to Wednesday’s Money Morning.
It never ceases to amaze us the wonderful job the property spruikers have done to convince investors that making a loss on an investment is a gain.
As we mentioned [...]