Nassim Nicholas Taleb became famous for his book The Black Swan which taught us to look out for the unexpected X-Factor. He also wrote The Bed of Procrustes, a collection of hundreds of “philosophical and practical aphorisms” – pithy one-line quotes full of meaning and importance. I’ve selected a number of these that struck me…
Australians are getting richer, despite rising interest rates and inflation. The ABS tells us the average net worth for all Australian households in 2019–20 was $1.04 million. Much of this wealth can be attributed to our Baby Boomers, who reaped the rewards of the significant property boom we experienced a few years ago and long-term…
When things don’t go as planned, most people quit the struggle and move on to greener (meaning – easier) pastures. And the world is filled with quitters. Without pursuing success, life is a struggle. Even for the vast majority who are content with just coasting along, life is still filled with problems. Most people want…
What do you do with unwanted Christmas gifts? Well, according to new research from Compare the Market, a surprisingly high number of Aussies don’t keep the gifts they receive over the festive period. In fact, 1 in 5 Aussies admit to regifting duplicate presents or gifts they don’t like at Christmas. Around 16% of respondents who…
A lot of Australians have found work just before the holidays. In fact, according to the latest figures from Roy Morgan, in November 2023 Australian employment hit a record high of over 14 million for the first time with over 9 million now employed full-time and over 5 million employed part-time. However, despite surging employment…
Ever had one of those days when you roll out of bed the wrong way and nothing seems to go right from that point on? We all have. Getting a jump on the day, and starting it in the right way, can make all the difference between a productive workday and one you spend in…
2023 has been a year of paradoxes in the Australian property market. Defying predictions and economic indicators, house prices not only resisted the expected downturn but escalated to new heights. This phenomenon left many market observers puzzled, sparking a crucial question: How did property prices manage to climb amidst a backdrop of rising interest rates…
The Australian government is aiming to rein in the growth of international students in its new migration policy, released on Monday. This is in response to record levels of international students entering the country once COVID-related border closures were lifted. Current and former international students living in Australia already number 860,000 and are hurtling towards…
Have you considered investing with family members? As they say… Blood is thicker than water, but sadly, bad business can break families apart overnight. Co-investing with family is no exception. It has the power to thrive or the power to destroy – and the key is all in the foundation you start from. Common family…
Australians sure do like those brekkies, barbies and mozzies. We’re not talking about “actual” mozzies here. We’re defo (definitely) talking about words — and Aussies can’t seem to get enough of these shortened words. Some say we’re lazy for clipping them. Others claim it’s just Aussies knocking words down to size — ta, we’ll have…
