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The 'blind spot' costing advisers nearly $10bn: Research
|Research from Elemnta indicates financial advisers do not realise they are expending nearly twice as much effort on non-advised operations, highlighting a perception gap and challenges related to data collection and access, which cost 6000 practices about $9.36 billion in "destroyed enterprise value".
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ASIC issues another stop order for private credit fund
|ASIC has issued an interim stop order on the Murdoch Clarke Mortgage Fund, issued by Murdoch Clarke Mortgage Management, prohibiting it from offering, issuing, selling or transferring interests in the fund.
Inheritors struggle to act on financial advice: Survey
|Australia's wealthy inheritors are making major financial decisions before they feel ready, with new research highlighting a gap between receiving professional advice and having the confidence to act on it.
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Featured Profile
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Ben, You've outdone yourself yet again. This is the absolute drivel that the lefty mainstream media has been pushing all week. You truly belittle yourself pushing this barrow.
Not a car maker in the world would survive without SIGNIFICANT subsidy from the relevant government in that country. Australia pales into insignificance with other countries giving up to 14 times the amount to keep manufacturing alive. The figures from the most reliable quarters, proven by a number of 'best-in-class' analysts prove that the few hundred measly millions of help for Holden and or Ford results in many BILLIONS (some estimates $30Bil+) back into the economy. Get your facts straight before you create these whimsical 'stories' based on your own bias and tainted, questionable opinions. You not only belittle yourself (further than usual) but drag into question the reputation of the fine magazine and employer for tolerating stories such as this. I am not affiliated with anyone/company in the motoring industry. I am a financial adviser of 28 years with an economics degree and drive an Australian made car and proud of it.
Point taken Brian and thanks for the comment. Although for the life of me, I don't know why you have to resort to insults to get your point across! Cheapens your argument methinks.
Merry Xmas to you and your loved ones!
Interesting observations. However, there rests a fair dose of ambiguity from both, author (of the article) and the commenter.
The disgusting raving by the Opposition (in Parliament) today, deserves no accolade.
On balance, I think the truth is hurting Ben. And, the multiplying example of on-going benefit of subsidising the car industry - is questionable. I doubt if the benefits (?) would ever contra the billions already lost.
With due respect, probably it is time for Ben to up-date his BEc !!!
Thanks William and Merry Xmas to you too. I've always adhered to the "no harm, no foul" policy so no harm done, no foul.
I welcome all comments -- good, bad or ugly -- my opinions are my own and I carry no malice on anyone in asserting what my logical reasoning dictates.
It is what it is...and I respect any and all criticisms for it helps me reassess my supposed biases.
All good!