Truth Bomb Tuesday: 50 Shades of Failure

I think most of us have our success/failure grading scale calibrated all wrong. For most people, I think there’s one grade of success, and then fifty shades of failure beneath it. Like Success Partial failure Total Failure Miserable Failure Total Trainwreck This is one of those instances where we are just too hard on ourselves. […]

Housing debate plumbs new lows

This idea is an attack on seniors and marks a new low in the housing debate. There’s this odd idea that retirees have to play their part to help fix the affordability crisis. It flared up again in this year’s budget, as some people criticised the plan to give extra funding to allow older people […]

Sunny Skies For Perth Property Portfolios

Happy news at last for Perth, and how to read this particular piece of data. It’s always a risky business calling turns in the market cycle, but I’m going to go out on a limb and say that Perth has turned the corner. This is going to sound strange when Perth is still posting some […]

RBA says IO loans are A-OK

RBA flags that tight credit conditions have probably served their purpose. I’ve heard a lot of people say recently that Interest-Only (IO) loans in Australia are our version of sub-prime. In case you’ve forgotten, because it is over ten years ago now, sub-prime mortgages brought down the housing sector in the US during the GFC. […]

Truth Bomb Tuesday: Robo-apocalypse?

Don’t want to live in a robotised world? Then stop calling it in. So China has unveiled a bank, the first in the world, to be fully staffed by robots. And that’s not a glamorous name for a computer algorithm. We’re talking actual robots. Look at the photo. The receptionist looks like Astro-boy. Robots greet […]

Investors become collateral damage

How tough is the credit environment right now? This tough: The Royal Commission is practically unearthing the equivalent of bodies in barrels in the financial sector. The CEO of AMP is gone, more will probably (and should) follow. This is all a good thing. It was pretty clear to everyone that the banking sector had […]

Thinking about thinking… ?

Our thinking about thinking is probably wrong. The idea that our thoughts are ours – that they arise out of our own brains – is relatively new. For a long time, in many civilisations, it was believed that your thoughts emerged from an interplay with your environment. It’s probably hard for us to imagine what […]

Why Doubt is a Good Thing

Even Jesus had a moment of doubt. Is it part of the process? Within most wisdom traditions there are elements that are clear cut (thou shall not steal), and elements that are more mysterious. It’s these more mysterious elements excite me most, and where the biggest opportunities for growth are. And perhaps it’s only because […]