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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by Kris Sayce on February 2, 2010
We’ve all thought it. Actually, we’ve all said it. And now there’s proof.
We’re referring to the widely held belief that newspapers are editorially biased towards spruiking for the property market. It’s fairly obvious really.
You only have to pick up the Saturday edition of The Age newspaper with its three real estate sections to see that Fairfax makes a motza from the real estate industry.
Well, yesterday the ‘Benedict Arnold’ of newspapers, Marika Dobbin spilt the beans:
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by Shae Smith on October 19, 2009
Australia’s consumer credit rules are about to change.
And it’s a change which could have the side effect of increasing Australia’s debt levels.
That’s if changes are made to the Privacy Act. Changes that have been proposed by the Australian Law Reform Commission (ALRC).
These experts say the current credit reporting system doesn’t provide the full picture of an individuals’ credit profile.
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by Paul Tustain on October 9, 2009
Seven short steps to the cost of living doubling or more inside 3 years…
HYPERINFLATION is widely accepted as a period of out of control price rises, doubling the cost of living inside three years.
It occurs when a currency loses its ability to store value, encouraging long-term savings to pour into circulation where they swamp the much narrower supply of consumer money, and cause the whole lot to lose purchasing power.
There is no specific recipe, but the pattern we risk repeating today would be typical.
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by Kris Sayce on August 19, 2009
Before I get on to today’s subject, a quick note about a cornerstone development in Australia’s liquefied natural gas (LNG) industry.
You may have seen the press reports about China signing a $50 billion deal for a gas supply from the Gorgon field off Western Australia.
The great thing is, this is just the tip of the iceberg for Australia’s LNG industries. I’ve been banging on this drum for the past year, picking up some massive gains for Australian Small Cap Investigator subscribers.
The good thing for you is that it’s still not too late to get in on the action. Click here to find out more…
Australia’s Mortgage Insurance Time Bomb
What a relief the Australian banking system is in much better shape than those awful banks in the UK and US.
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