Where Have All the Workers Gone?
It’s an interesting question. And it’s a question I get asked by most of my clients who desperately need team members to ensure their businesses can run properly. I get the same comments. Some think that the young simply do not want to work. Many blame Covid. And finally, everyone likes to blame the Government […]
The ATO Do Not Like Trusts…….
When I first arrived in Australia I could not believe such an entity could exist with the flexibility to reduce taxes. I was fascinated and realised the potential for reduced taxes as great asset protection. You could not really go wrong. The ATO does not like the way trusts can be used to reduce taxes. […]
Crypto – It’s Risky!
Investors love Crypto. I am not one of them. Maybe I am just stupid. Or Ignorant. Or both. In 14 years, Crypto assets have become the second-most popular investment. Let’s put that in perspective. Physical cash has been around for over 2 thousand years. The stock market has been around for about 250 years and […]
Stress and Money Issues….. They are Connected!
If you happen to be stressed about your money right now, it is unlikely you are alone. Everything is going up in terms of cost. Buying or building a house now costs eleventy Million dollars. So does buying a car assuming you can find one. And because of FOMO everyone thought paying (and borrowing) eleventy […]
It’s That Time of the Year – The Budget in Plain English for Medical Professionals!
I am never sure why some people get so fascinated about the Federal Budget. For us accountants, economists and financial planners it is the equivalent of Christmas. We all get excited wanting to know what the Treasurer has given us in his box of goodies. We all want the goodies and get extremely upset if […]
Where there is a Will there is a Way. What if there is no Will?
Marvel fans will know who Chadwick Boseman was. He was the main lead in the film Black Panther. He also died in 2020 from colon cancer. He was 43. There’s another thing. He had no Will when he died. And his estate was worth about Aus$3m. Why he made no will, no one knows. Maybe […]
Negative Gearing is Crap….. And it’s Not Only Me that Says So
I have always been concerned about negative gearing. I believe it is a bad wealth strategy. To then make it tax beneficial gives the false sense of security and wealth creation. And what makes me even angrier is that accountants for a generation have been selling this (and making insane commissions) to ordinary people who […]
What the F**K is Happening to the Market?
Yes, I know – this is not language I usually use. And to be quite honest, it is not my language but used by one of my clients. And I don’t blame them. My own portfolio moves wildly from day to day. When you are young and fit and have a lifetime ahead of you […]
The Monarchy has Much to Teach the Business World
Much has been written about the death of the Queen. Some disliked her. Many loved her. But as I have been reading about her history, her values, what was important to her, her position in society and the ultimate job she held I realised that she was an epic leader. If you really think about […]
Bollywood….Without the Dancing. Or Romance. Or a dodgy Script.
I don’t often watch Bollywood films. The dance scenes can only be politely said to be interesting. They usually have corny romantic scenes and the scripts are hilarious. Then you have the fight scenes. They’re hilarious too. But every so often Bollywood produces a gem. And if want to see a film about leadership this […]