The performance of property has confounded most optimists who have long claimed that property prices would be cushioned by interest rate drops.
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Why abolishing negative gearing makes complete sense
Negative gearing is a poorly thought out policy which benefits a wealthy minority and penalizes the majority of Australians, both young and old.
READ MOREClive Palmer’s magnificent flying machines
Forget WikiLeaks, Oprah and the Warne-Hurley saga, all eyes are on iorn ore baron Clive Palmer today, after the mining magnate made the surprising announcement yesterday that he was investing in the commercial viability of the Zeppelin.
READ MOREThe cash value of planet Earth
Everything has a cash value, including planet Earth. For the first time environmentalists have put a price on ecosystems, with the message being that investment in these areas will provide healthy returns many times over.
READ MOREHow China is colonising Africa
China is now likely the biggest investor in China, constructing new skyscrapers, resorts, factories, brothels, train-lines and farms, while buying up the continent’s raw commodities. Is the Middle Empire expanding?
READ MORENew investment boom set to explode
The big story from today’s private investment data from the Australian Bureau of Statistics isn’t the surprise 3.9% fall in the September quarter — it was the size of the investment boom re-gathering in the economy.
READ MOREThe internet is great… just not in your portfolio
Investing in online is a pretty shaky proposition when even the most popular websites can’t figure out a viable business model, says James Altucher. Trading online is fine — just don’t trade in online.
READ MOREFixing politics: addressing our infrastructure shortfall
The issue of infrastructure investment perfectly illustrates the problems of our current political model. However, it is also the issue which is closest to being addressed successfully by a new approach from the Rudd Government, writes Bernard Keane.
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