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Mixed results at Bjelke-Peterson estate sale

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
A Lloyds auction of the estate of controversial former Queensland premier Joh Bjelke-Peterson produced mixed results. One of the big ticket items was a piece of paraphernalia from 1969, when the astronauts who landed on the moon toured the world attending ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... ago - 21% wanted to go to Brisbane, 17% to Perth and 15% to Sydney." In addition, this headline from the Herald Sun newspaper: "Coronavirus: Tradies will abandon Victoria as building economy plunges over next two years" as "Chippies, brickies and tilers ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... backlash around security and privacy concerns. Alongside Amazon, Bezos also owns space exploration company Blue Origin and newspaper The Washington Post which he bought for $250 million in 2013. Bezos' ex-wife also saw a surge in her wealth, after obtaining ...

Warren Buffett allegedly conned by German company

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... photo-shopping letterheads of companies to create fake invoices and orders, according to the Guardian story which cites German newspaper Handelsblatt. The effect was the EBITDA of the German manufacturer, and hence its acquisition value, were wildly ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Industry Super Australia and ME Bank will front the House of Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
"A stronger economic recovery is possible if there is further substantial progress in containing the coronavirus in the near term and there is a faster return to normal economic activity. On the other hand, if the lifting of restrictions is delayed ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... problem with ASIC is that they've never addressed the issue that old people are vulnerable and old people read the Sunday newspaper and see ads that promise 10% returns and believe it," Blomfield said. "I don't understand why ASIC isn't out there issuing ...

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... exercise in "groupthink," the research reads. "Economic theory (in contrast to the assertive claims of some analysts and newspaper columnists) does not expect a full and complete offset between wages and superannuation contributions."

Rainmaker Group expands into ESG media, acquires The Sustainability Report

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
... finance publication in Australia, from Bauer Media. Rainmaker currently publishes five titles, including its flagship newspaper, Financial Standard, the key consumer title Money magazine, and The Good Super Guide, The Good Investment Guide and The Good ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... Uncertainty, quantified the direct and indirect effects of the tariff wars. According to Reuters: "The Fed researchers analysed newspaper articles and corporate earnings calls to estimate trade policy uncertainty, finding it has recently "shot up to ...