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Affordable housing in plentiful supply

Australia’s ongoing (some would say interminable) debate about housing affordability was given fresh impetus last month when Federal Treasurer Scott Morrison weighed in with calls for liberated land supply and planning reform by state and local authorities. Scott’s call closely followed a less edifying observation by demographer Bernard Salt that young people simply needed to…

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Sack the investment experts – You’re paying for poor performance!

Who’s deciding how your superannuation is invested? How much are you paying them? How have they doing? Have you checked? Consulting actuaries Rice Warner, concluded that Australians are paying “the experts” on average 1.12% p.a. of their super balance to invest their money (in 2013). Based on these findings, I estimate that our average client…

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The slide in construction work done continues over the September 2016 quarter

The Australian Bureau of Statistics (ABS) released data on construction work done over the September 2016 quarter earlier this week.  The data showed that the value of work done fell to its lowest level since December 2010. Over the September 2016 quarter, $46.1 billion worth of construction was completed.  The $46.1 billion in work was…

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