It’s relatively easy and common for politicians to walk away from a financial mess, which makes corporate and personal debt a better investment than government debt.
Government
The Federal Government Tacitly Approves Conflicted Financial Advice
The decision to ban commissions on only some listed securities encourages dodgy advisors to provide suboptimal advice.
A Green Light for Corporate Theft
The changes to insolvency protections will allow the weakest business to accrue liabilities and inflict greater losses on their employees and suppliers.
Why Bother Investing in Government Bonds?
Australian government bonds are very unlikely to reproduce the great returns of 2018. Here’s some low risk alternatives with a much better return outlook.
The Arguments Against Austerity are Simplistic and Short Term
Recent articles arguing against austerity lack logic and economic analysis. This article demonstrates why austerity is the better long term prescription.
A Jobs Guarantee Could be a Better Form of Welfare
Many are calling for increased income support for society’s poorest. A jobs guarantee could be beneficial for unemployed, employers, taxpayers and society.