About Alana Sumic

Alana Sumic is part of the editorial team here at Money Morning. She contributes to bringing you Money Morning each day, along with all of Port Phillip Publishing’s many other publications.

As the Editor of the weekend edition of Money Morning Alana brings you a summary of the news for the week, and her own take on the week’s most important story in markets. She is also a writer and editor for Port Phillip Publishing’s political publication, The Australian Tribune.

The Benefits of a Legal Drug Deal

medicinal marijuana benefits for health and investmentsAustralia has legalised medicinal marijuana, however, there are still a number of hoops that patients — and parents of patients — have to jump through before it’s allowed by law. With so many nations wanting to get on board, there’s been a huge global push for the product. So what does that mean for Aussie investors?

How Would You Choose to Punish the Banks?

Commonwealth BankThe big banks and financial institutions of Australia have been hung out to dry. The systematic rorting of Australians by these banks has been exposed for all to see. It has been well publicised what the Commonwealth Bank of Australia (CBA) did to their customers.

What Could Your Property Be Worth?

Mortgage concept by money house from coins, propertyThought about buying a house recently? Or even selling? If you’ve been looking into the real estate market, or simply watching the news over the past decade, you’ll have noticed that housing prices have soared. It also would have been quite difficult for you to miss the housing crisis currently spreading throughout the country.

The Recession Australia Needs?

Australian RecessionWith the Reserve Bank of Australia unable to flood the economy with cash, a recession may be the only way out Australia has. A lot more pain before any gain. While Australia was well placed in the last financial crisis, it doesn’t seem that will be the case the next time round. So will next time be the recession Australia needs to have?

Were You a Winner or a Loser in This Year’s Budget?

budgetOn Friday we saw Labor leader Bill Shorten’s response to the government’s tax cuts, with their own proposed tax cuts focused on low to middle income earners. Labor’s cuts would mean that those earning between $37,000 and $90,000, would receive double the tax cut proposed by the coalition government in this year’s federal budget.