I’m not entirely sure where Ignominy is but I do know that lots of things end up there. It is common to hear of this or that ending up in Ignominy. Perhaps I should look it up on Google Maps.
Continue readingJust go
The Reserve Bank of Australia has finally admitted that “we did a terrible job.”
Continue readingHe’s right
Premier Andrews is correct.
Continue readingBack in Black
Can a leopard change its spots? The Grattan Institute has released a report titled “Back in Black”. It contains recommendations on how to correct Australia’s chronic budget deficit problem.
Continue readingOn track to fail
Writing in today’s Financial Review, Michael Read reports: “Federal Labor’s landmark policy to build 1 million new homes in five years is on track to fail..” Great opening line, seething with dark humour. Politicians in charge, make decisions, failure arrives on cue.
Continue readingThere is no pleasing some people
This is becoming tiresome. More opinion presented as research. In this case, the Financial Services Council of Australia has released its latest piece on superannuation in Australia. The FSC finds that Australians are not spending their superannuation quickly enough and this is ‘not optimal.’
Continue readingPompous absurdity
What is it about banking executives that have become mega wealthy thanks to crony capitalism and their annual pompous ‘Letter to Shareholders’?
Continue readingCorrect analysis, wrong conclusion
What is the point of research and analysis if the conclusions drawn are wrong? How can an institution correctly analyse the problems in our economies and yet call for more of the same actions that have caused the malaise?
Continue readingSustainability goals miss the number 1 goal of sustainability
Readers will be aware of the banking crisis playing out in front of our eyes. Let’s take a moment to look at just two demises: Silicon Valley Bank and Credit Suisse, both effectively nationalised in Government emergency actions this month.
Continue readingBank bail outs are insane
For three reasons:
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Australian Actuary 