insurance

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 [...]

Have you checked your insurance policy lately? Is it up to date? Do you have any insurance? Are you under or over insured? Don’t worry, I’m not trying to sell life insurance. We’re not licenced for that. No, I’m talking about something more important – investment insurance. Buying investment insurance is just like buying any [...]

Oh thank goodness for political stability now that Indecision 2010 has been resolved:
“Swan firm on mining tax… Independents, Greens want change” – Australian Financial Review
“The first cracks have appeared in the Gillard government’s alliance with the crossbench MP’s, with the Greens signalling they may side with the Coalition on some issues…” – The Age

So yet [...]

Before I get on to today’s subject, a quick note about a cornerstone development in Australia’s liquefied natural gas (LNG) industry.
You may have seen the press reports about China signing a $50 billion deal for a gas supply from the Gorgon field off Western Australia.
The great thing is, this is just the tip of the [...]