The fact that Canadian house prices have risen far beyond rental rates tells us that it’s due to financial factors alone — not a lack of supply. House prices are asset prices.
BHP is banking profits from its failing assets, while washing its hands of the responsibility for its past and ongoing contribution to climate change.
You may not need to sell the family home before entering aged care. There are other options.
Stock markets have plunged in recent months on concerns over Trump’s trade war and the possibility of a recession. An economist explains how stocks are like used cars – and lemons.
The Trump administration is considering a change to how capital gains taxes are calculated that would save investors roughly $100 billion over a decade.
The astronomic rise of the price of bitcoin over the past 12 months raises fears that the cryptocurrency is set to crash which could see many people lose money.
The new Critical Infrastructure Centre might provide clarity on certain projects but it doesn’t resolve the ongoing debate on what approach the government should take with foreign investment.
Managers of well-known Australian companies are misleading investors by taking years to recognise asset impairments and not disclosing that information in financial reporting.
Financial inclusion has so far focused on enhancing a poor person’s cash flow. But it needs to involve more. Not enough consideration is given to encouraging poor people to build assets.