Personal investing: Buckets for money

About  450,000 affluent Australian families hold their investments in some combination of superannuation, family trusts and direct ownership of negatively geared property.  But over the last year, changes in tax rules and changes in property market conditions have shifted the relative benefits of these arrangements.  Family trusts have been made comparatively more attractive. Investors should […]

Global economy: Janet and Mario go too early

Inflation bulls are currently in the ascendency.  The US Fed raised its overnight rate again in June and is discussing the unwinding of quantitatvie easing (QE).  The European Central Bank Governor Mario Draghi now says that the \”deflationary forces have been replaced by reflationary forces\”.   It is good to talk up inflation, but let\’s not […]