Great news for the global economy!

Kevin Rudd is predicting economic doom. There are very few certainties in life beyond death and taxes but one can make a solid fortune by betting against any economic prediction offered by the former Australian Prime Minister. No, not that former Prime Minister, or that one, or that one, or that one, or that one, […]

Jessica Irvine’s sharing utopia

Friend of this organ, Jessica “admire my big brain and pants” Irvine has been asked to apply her huge pants brain to the subject of Indigenous finance. Prima facie, it may seem as if applying Jessica’s genius to matters Aboriginal might risk a somewhat condescending experience given her previous form of explaining that she can […]

The secret to becoming a millionaire in Australia

….is to invest three million dollars into a business built by a real estate “entrepreneur”. Exhibit 1 McGrath Estate Agents John “Million Dollar Agent” McGrath has presided over one of the most classic examples of wealth destruction of our time. I think the people we should feel most sorry for are those who bought into […]

When the tide goes out we learn who has been swimming without clothes

The Lucky Country tends to lack the entrepreneurial spirit. The reasons behind this are many, my personal view is that it’s a function of the incentives in the economy; for four decades, Australians have been rewarded by investing in property or working in industries relating to it. The corollary to this is that there’s been […]