Blogs

The New Criterion

With investors clamouring for better yields than paltry returns on cash deposits, the world’s top debt whisperers have obliged with an expanding cluster of ASX-listed funds to give retail punters an exposure to a $US2 trillion global sector hitherto the…

Kavanagh

There is growing concern among actuaries and consultants working in the superannuation industry that retirees increasingly see their retirement benefit as capital that should not be touched, while they live off the interest and dividends generated by that capital. The…

The New Criterion

When a stock is trading at a fraction of a cent, it’s usually a message for investors to abandon all hope and sell for the tax losses while they can. After all, sub 1c stocks are usually mired in debt…

Kavanagh

Treasurer Josh Frydenberg isn’t getting any support from the Reserve Bank for his argument that the banks should not apply responsible lending laws “too stringently”. Frydenberg said in a speech last week: “The risk that the provision of credit may…

The New Criterion

Basil Fawlty famously sought to avoid mentioning the war, but opioid producer Palla Pharma (PAL $1.03) won’t even try to downplay the tricky topic. The ‘war’ in this case is America’s startling addiction to the painkilling and euphoria inducing substance…

Kavanagh

On Friday Treasurer Josh Frydenberg announced the terms of reference for a review of the retirement income system, which will look at the interaction of compulsory superannuation, the Age Pension and voluntary savings (including home ownership). We got some valuable…

The New Criterion

Oh dear! The stronger-for-longer lithium story is not exactly panning out as such, with a global oversupply emerging and the upbeat blue sky stories supplanted by tales of woe from the emerging producers. The same thing’s happening with that other…

Kavanagh

The Government’s move to limit the amount of cash that can be used in transactions has attracted a surprising amount of opposition to what seems like a perfectly reasonable policy. Cash transactions of $10,000 or more will be banned under…

The New Criterion

The first and last time your famished columnist had a vegan sausage was at an animal charity’s food stand at Bunnings, with no carnivore alternative on offer. Suffice to say, the taste and texture of the mystery bag was redolent…

Kavanagh

US investment manager Michael Burry, of “Big Short” fame, has had a lot of coverage over the past week after he said exchange traded funds (ETFs) were the next great asset bubble. He compared the growth in index ETFs to…