Posts tagged as:

Australian Financial Review

Why Income is More Important Than Assets

by Kris Sayce on March 2, 2010

Before we get on to today’s Money Morning, this…

“The 2010 Walkley Award goes to… Jason Clout, for the Australian Financial Review’s ‘Rear Window’ column.”

That would be the result if your editor had, a) any influence over the award, and b) any interest in having any influence over the award.

In last Friday’s Money Morning we wrote:

“Let’s see if Peter Martin and the other mainstream journos have balls big enough to take on the might of Christopher Joye. Rather than just fawning at every word he says and reprinting verbatim whatever he writes in the press releases, ask him some hard questions.”

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Most Houses are Not Productive for the Economy

by Kris Sayce on February 19, 2010

We’re still in Australian Small-Cap Investigator mode today.

If you happen to be a subscriber to Australian Small-Cap Investigator I should let you know that the February issue will be released on Monday. If you’re not a subscriber then click here to subscribe.

Anyway, back to Money Morning

Yesterday I wrote to you about mailbags bulging at the seams. After yesterday’s Money Morning went out, the mailbag started to bulge with responses.

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Is a Plasma TV a Better Investment Than Gold?

by Kris Sayce on December 17, 2009

It’s a question worth asking. So we’ll take a look at that in a moment.

But before I do, a quick note on today’s front page of the Australian Financial Review (AFR).

There’s a saying that “The pen is mightier than the sword.” In other words, the written word can be more powerful in its effectiveness than, we assume, stabbing someone.

It’s a nice phrase, but even so I’d rather someone wrote something mean about us than shoved a nine inch blade in our guts.

Anyway, it’s a phrase that should be embraced by the newspaper industry. In fact we’ve a vague recollection that one of the daily UK papers used to use the phrase in its advertising.

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Why Jobs Growth Does Not Fuel an Economic Recovery

by Kris Sayce on November 17, 2009

Time and again the mainstream press puts the cart before the horse.

They aren’t alone of course. After all, much of the time the mainstream press only writes what it does because it is fed with drivel by mainstream Keynesian economists.

The headline in yesterday’s Australian Financial Review (AFR) was a perfect example of the press getting things round the wrong way.

The headline was, “Strong jobs growth to fuel recovery.”

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Australia’s Most Dangerous Man, Treasury Secretary Ken Henry

by Kris Sayce on November 2, 2009

Before I get on to today’s topic, Australia’s most dangerous man hit the headlines again on Friday.

And like every megalomaniacal madman, there’s always a mum stood behind them.

Last Friday’s Australian Financial Review (AFR) contained the headline, “How Henry’s mother saved the economy.”

It retold the story how our hero, Treasury Secretary Ken Henry’s mum asked Ken if she should take all her cash out of the bank when markets started to meltdown late last year.

Rather than give you the answer, see if you can guess how Emperor Ken responded.

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