Finance & Fury Podcast
546 episodes - English - Latest episode: 11 months ago - ★★★★ - 4 ratingsThere is zero formal financial education through the standard schooling system.
Your formal education prepares you for your career and making money! ...but after graduation you're on your own trying to figure out what to do. This leads to a lot of frustrated, furious people!
Finance and Fury picks up where your formal education left off, providing a unique insight into the world of economics, personal finance and building wealth with three different episodes each week.
To start the week, in Mondays' episodes we look directly at personal finance, so you can act independently and make your own financial decisions - not follow the crowds. Let's be real here, how well is that working out for the ‘average’?
Say What Wednesdays – Each Wednesday we give you the answers you are looking for and respond to questions from our listeners (that's you!)
Furious Fridays – Each Friday we explore often misunderstood topics about finance and the economy, shedding some light in dark places, and challenging some common misconceptions.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
How do I start my journey to financial independence?
September 11, 2019 03:12 - 25 minutes - 23.2 MBWelcome to Finance and Fury, The Say What Wednesday Edition Series to cover a number of questions asked – FAQ on stages of life Hard to get through all questions – from questions compiled – put together run through of steps Go through 3 or 4 – stages of life – cover the process from start to finish – considerations to take, give an outline Process – Stage, typical situation, goals, focus, and tips – priorities and strategies – pros and cons Get the planning books – access through th...
Financial Reset – Investments to avoid in a negative interest rate world
September 09, 2019 05:20 - 15 minutes - 14.6 MBWelcome to Finance and Fury - This Episode – Look at Where to not invest in negative rates world – if it comes to that – other options First – what does the world in negative rates look like? – dive further into this to start – look at other countries, Japan, Denmark and how this affects an economy – Also - what sort of investments won't fare well - run through alternative assets Going to be 2 parts – go further into alternatives next week What asset classes may be at risk – finan...
Economic Robin Hoods – the 200-year-old economic theory providing the basis by which develop countries are used for GDP redistribution
September 06, 2019 03:17 - 25 minutes - 23.2 MBWelcome to Finance and Fury, The Furious Friday edition Continuing SDGs – today we are covering Economics or SDG 8 First, look at the economics of the UN itself – something never talked about Who pays for the UN – Member states - A complex formula - US pays most at 22%-28% of the UN's different budgets Aus - Regular budget for AUD - $86m (rough estimate) in 2016 - $58m USD – not too much But the official budget doesn’t include other donations – Gov agency voluntary contributions ...
How to protect an investment portfolio? And is it worth using hedging instruments or changing the assets mix?
September 04, 2019 02:27 - 19 minutes - 18.2 MBWelcome to Finance and Fury, the Say What Wednesday edition Today's Question is from Gabriel With the latest news around trade wars, inverted yield curve and EU collapse, I would love to hear your thoughts on how to protect a portfolio, is it worth using hedging instruments or changing the assets mix? Do you use options? What do you think about using them as a hedge? Wealth Preservation – Concerns to account for – Most asset classes aren’t looking good Share market collapse – m...
The Cash Bill - stabilising the financial system for negative interest rates, Bail Ins and more, all at your expense
September 02, 2019 03:43 - 24 minutes - 22.7 MBWelcome to Finance and Fury Last Monday ep – Cash Restrictions Bill – Went through black economy and outline of regulations Today – Go further into implications of this – along with other considerations such as bail-ins and negative rates why bill needed – not for the black market Case for black market is a guesstimate – 3% of GDP — roughly $50 billion - recommendations given by KPMG, along with the guesstimate showing the 65% increase in black market economy over past 3 years This...
How does the adaptability of humanity open the door to Global Economic control?
August 30, 2019 01:17 - 28 minutes - 26.4 MBWelcome to Finance and Fury, The Furious Friday edition Today we start discussing the SDGs in relation to The economy – few SDGs this relates to Go through each in detail in separate episodes – but this ep is an overview into how deep this goes. UN goals as part of Agenda 2030 – Quick list of these - SDG 8 – Decent Work and Economic Growth SDG 9 – Industry, Innovation and Infrastructure SDG 10 – Reducing Inequality SDG 12 – Responsible consumption and production SDG 17 – ...
How to best invest for Children or Grandchildren?
August 28, 2019 02:55 - 18 minutes - 16.6 MBWelcome to Finance and Fury, The Say What Wednesday Edition This week's question comes from Cameron "One small question we have been pondering. Our parents are gifting a small amount of money monthly to our 1yr old son (their grandchild). Rather than let in mature in a bank account we are interested in some sort of passive asx investment considering this could grow until he was at least 18. Any thoughts or commentary around this would be great to hear!" Today – Talk about family in...
The Government's war on cash and personal freedom continues with the introduction of the Currency (Restrictions) Bill 2019!
August 26, 2019 02:04 - 27 minutes - 24.8 MBWelcome to Finance and Fury In today's episode, I thought it was important to cover Currency Bill - Might have seen in the news – headlines about the $10k transaction – Currency (Restrictions on the Use of Cash) Bill 2019 – what we are talking about – had first round through Parliament Goes deeper - Talked about this topic last year in October – Cashless Society episode – link to episode Policy is trying to control behaviour – by making the undesirable activity illegal – regardless o...
What is Global Citizenship Education and how is this being implemented in Australian schools?
August 23, 2019 05:21 - 20 minutes - 18.6 MBWelcome to Finance and Fury, The Furious Friday edition. This is part 4 of the series around the UN's Sustainable Development Goals. Going through the first SDG today – SDG4 – Education If you haven’t listened to the first 3 – Maybe go back and check it out as today – finish the first part on people – So far gone through the UN, media, and trauma-based society Previous episodes: Part 1 UN Part 2 Media Part 3 Trauma-based society Today – Do a quick overview on SDG 4 - ...
Beggar thy neighbour – How devaluation of currency can make or break economic growth domestically, or for trading partners
August 21, 2019 05:08 - 16 minutes - 15.3 MBWelcome to Finance and Fury, the Say What Wednesday edition Today's question comes from Jessica. Jessica – Hey Louis, You mentioned something about a Yuan devaluation in the Tech Share episode. I’m just wondering what this is and why a country would do this? Thanks Jessica – Does sound weird – a country choosing Devaluation - an official lowering of the value of a country's currency within a fixed exchange-rate system China's monetary authority formally sets a lower exchange rate of ...
Don’t forget about Inflation! How it can either be your best friend if you have debt, or your worst enemy if you are building wealth
August 19, 2019 00:16 - 18 minutes - 17.2 MBWelcome to Finance and Fury, Inflation and interest rate – real rates RBA update – Inflation and interest rates RBA - cash rate unchanged at 1% - following two consecutive rate cuts – past ep, talked about loans and property pieces Today – Look at the hidden wealth killer – inflation – loss of real values in relation to loans – Low rates with low inflation can be worse than higher rates with higher inflation saying it will take longer than earlier expected for inflation to return...
Don’t get tricked! How to avoid living in a Trauma-based society by building towards your own future
August 16, 2019 01:10 - 30 minutes - 28.1 MBWelcome to Finance and Fury, the Furious Friday Edition Today's episode is number 3 in this series – check out last 2 FF eps episode 1 episode 2 Last ep – talked about media and the realities that they create – but they are not consistent – and massive hypocrites Talked about conspiracies a bit in the past 2 eps – the media labels anyone who questions the official narrative as a conspiracy theorist But wait – didn’t they have their own conspiracy theory on how Trump was a Russi...
Are tech shares like Afterpay and Facebook are a good long-term investment option?
August 14, 2019 07:51 - 17 minutes - 15.9 MBWelcome to Finance and Fury, the Say What Wednesday edition. Today's question comes from Mike - "Hey Louis, Wondering if you think buying Tech shares are worthwhile" We have the FANG and the WAAAX – US – FANG - Facebook, Amazon, Netflix and Google Aus – WAAAX - Wisetech, Afterpay, Altium, Appen, and Xero (known collectively as the WAAAX stocks) Intro Find that the nature of investments is very binary – some are very for it, some against it – like BTC True with tech companies ...
Build to rent: Why are Banks and Super Funds becoming large Corporate Landlords?
August 12, 2019 01:22 - 17 minutes - 16.4 MBWelcome to Finance and Fury, Past few Monday eps on Share concentration – and the holdings and influence that super funds have Today – talk about the legislation put into place and the plans going on now where you might end up renting an apartment from your super fund or bank The plan to help increase apartment supply – decline in prices = lower incentive for developers as a build to sell model – from slumping demand for apartment building New residential product: “build-to-rent” W...
Red versus Blue team and wishes versus reality
August 09, 2019 03:00 - 29 minutes - 26.6 MBWelcome to Finance and Fury, The Furious Friday edition. Episode 2 in this larger series - The last episode – Talked about historical events – resulted from people acting out their conspiracy – act of making plans with a counterparty to commit an unlawful or harmful act – if it would be a crime to do, known as a criminal conspiracy – Conspiracy = Planning to commit a crime in most cases – but people who today are pointing out historical evidence surrounding events are now labelled a ‘c...
How do you identify a scam, before ASIC or the regulators do it for you?
August 07, 2019 05:56 - 24 minutes - 22.5 MBWelcome to Finance and Fury, The say What Wednesday edition where we answer your questions, and sometimes questions from people from the gym – such as today Is this a scam – moneysmart have a page on this – which is good resource – give a quick summary of this – but trouble is that while you can read it and research the sort of things to look out for - so can the scammers. Scammers adapt to get around the warnings or rebrand to avoid public scrutiny. Imagine if you got a call from a...
Why the Australian Share index is so reliant on just 5 companies and the risks that this brings
August 05, 2019 03:02 - 23 minutes - 21.1 MBWelcome to Finance and Fury Today we are discussing the concentration risk Last week – how the modern banking system acts like dominos failing– Due to their liabilities and obligations to one another this week – look at the other side of the balance sheet – Which is the Equity Holders – Shareholders – who owns the shares of banks Also – the concentration risk that just a handful of companies have in the overall size/weight of the Aus Share Market. Plus – Look at two events that ever...
Agenda 2030 – A global conspiracy theory, or something to actually worry about?
August 02, 2019 04:53 - 24 minutes - 22 MBWelcome to Finance and Fury, The furious Friday edition Intro ep to a new FF series – probably going to be the biggest Today – episode to give the bird's eye view of the overall topic - massive topic - ranges from education, energy, transportation, medicine prices, along with 1,000 other things Spend a number of episodes on each of these elements - look at finer details – may seem unrelated – Everything in this series - form part of the 17 SDGs set out by the UN in Agenda 2030 Thi...
Is rent-to-own a good idea if you are trying to get into the property market?
July 31, 2019 04:06 - 14 minutes - 13.3 MBWelcome to Finance and Fury, the Say What Wednesday edition Hi Louis, My wife and I a looking for ways to buy a home, given some credit history and income stability challenges. I was hoping to get your thoughts on Rent-to-own arrangements. I really enjoy your podcasts, thanks for doing it. Thanks Cameron! What you need to know about rent-to-own home schemes Rose out of current market conditions - A perfect storm of rising living costs, “low and slow” wage growth and incr...
Has the first domino in the next banking crisis fallen?
July 29, 2019 05:02 - 26 minutes - 24.1 MBWelcome to Finance and Fury snuck this episode in ahead of time – only reading about news yesterday – need to do some further digging – but is it Time to sell shares in anticipation of a crash? Today – run through some news that you might not have seen – financial troubles of DB, but also China’s bank runs First - A lot of elements to it – financial crashes are never due to just one event – chain of events – think of it as an avalanche – snow builds up – eventually, there is too m...
Global Reserve Assets - Move over US Dollars, SDRs are coming to town
July 26, 2019 03:02 - 23 minutes - 21.2 MBWelcome to Finance and Fury, The Furious Friday edition. In money system – need a reserve – gold, currency – gives a floor value which gives confidence Doesn’t provide much stability – Most central bankers use the same terms when talking about current international financial system – Incoherent – You have the AUD to USD drop, gold moves one direction, - completely disjointed – based around the models of international finance – not what they predict will happen – but still trying to ma...
Will enforcing recycling legislation help to save the environment?
July 24, 2019 06:04 - 23 minutes - 21.3 MBWelcome to Finance and Fury, the ‘Say What Wednesday’ Edition. We recently had an awesome email from Zoe about a potential market solution following the ‘Solution for pollution’ episode last week; “We sort our cans from our mixed recycling in our Sydney CBD office building to donate the 10c return to charity. We collect 50 cans per week on our floor which is on level 22 of a 23-level building. Staff are incentivised to sort their waste through the small charitable 10c donation. However,...
Bullish Shares versus Bearish Bonds – which one is correct?
July 21, 2019 23:41 - 23 minutes - 21.2 MBWelcome to Finance and Fury The ASX is sitting around a high mark. But there is a lot of talk about recessions, analysis talking about share corrections, not a lot of optimism – Has there ever been? Don’t really see many articles with positive outlook on the economy Important to remember – Don’t trust journalists to make investment calls Bad track record- European debt crisis, Brexit, Trump getting elected, trade wars, actual wars – GFC? Paying attention to the media yields ...
Is Bitcoin the future of money?
July 19, 2019 04:01 - 21 minutes - 19.6 MBWelcome to Finance and Fury, the Furious Friday edition Been talking about monetary system – today dive into Crypto currency Crypto currency – means nothing - has to do with individual coins/tokens/whatever – Preface – Don’t have as deep an understanding on the overall crypto market as I do on the fiat money system, and especially blockchain I do know enough about BTC to know one thing – I wouldn’t buy BTC personally – You may love it – good If I get something technical inco...
Is this the solution for pollution?
July 17, 2019 08:04 - 20 minutes - 18.9 MBWelcome to Finance & Fury, the ‘Say What Wednesday’ edition. I recently received a great email from Nick, on a fantastic topic. So, I’ll read most of the email as background to today’s discussion; “Hey Louis, I’ve recently be thinking about an issue that I think should be at the forefront of people’s minds a lot more than climate change, and that’s waste pollution. The issue of waste pollution in both the ocean and land seems to get a lot less coverage than the issue of climate change, e...
Will property prices keep declining due to higher mortgage arrears?
July 15, 2019 02:43 - 15 minutes - 14.6 MBHey guys and welcome to Finance and Fury! Today we’re joined again by Jayden to talk about whether property prices will keep declining due to higher mortgage arrears. The RBA’s cookie cutter approach to rates will continue to try and help reduce chances of mortgage default and ease burden on household cashflow. Why is it that an increasing share of housing borrowers are behind in their mortgage repayments? Points to a rising risk to the financial system as housing loans are 40% of banks...
Why must Government’s and Central Banks force inflation on a Nation?
July 12, 2019 08:26 - 19 minutes - 17.4 MBWelcome to Finance and Fury, the Furious Friday edition! I’ve been thinking a lot about what we are taught in economics, the basic ‘101’. Specifically, if you print a lot of money you get hyper-inflation. There are plenty of stories to back this up Germany Weimar republic, and Venezuela right now – there are plenty of countries with hyperinflation Central banks around the world (and at home) are trying for more inflation, and have increased their money supply over time. But we’re en...
Considering refinancing your mortgage with a smaller online lender?
July 10, 2019 02:18 - 13 minutes - 12.3 MBWelcome to Finance and Fury, the ‘Say What Wednesday’ edition. Today I’m here with Jayden! Today’s question comes from Gavin, “Is there anything to be considered when looking at refinancing mortgages with smaller lenders that run their business online like reducehomeloans.com.au with rates of 3.19%, versus the larger lenders?” Great Question! Types of Lenders Large lenders – ‘Big 4’ banks; ANZ, Commonwealth Bank, NAB, and Westpac Small lenders – almost any financial institut...
Assets that will survive a financial correction
July 08, 2019 07:48 - 19 minutes - 17.4 MBWelcome to Finance and Fury. Today’s we’ll be talking about what assets will survive a financial correction. The assets that that people still have confidence in. Confidence is key! In any asset, confidence is what is required. Why is confidence important? If a lack of confidence/panic is what causes prices on assets to drop heavily then the solution is in assets that, while their prices may be impacted (short term volatility) they will not go to zero. Human behaviours/emotio...
From trading cows to ones and zeros, Pablo Escobar's money eating rats, and how our money is all debt based currency
July 05, 2019 03:33 - 11 minutes - 10.6 MBHi everyone and welcome to Finance and Fury! Today we’re going to look at our current monetary system; what is considered money, and also the future of our monetary system. Today’s episode will be a fairly quick episode, and will be an introduction to a series of Furious Friday episodes that we’ll be doing over the coming weeks. Our current monetary system is actually debt-based fiat currency. This means that every dollar that you have is a debt obligation by a central bank to eventually...
Nailing Business Cashflow Forecasts, whether you're established, looking to expand, you're a start up or a business in trouble
July 03, 2019 02:27 - 17 minutes - 15.8 MBHi Guys and welcome to Finance and Fury’s ‘Say What Wednesday’ Episode. Today we’re joined again by Nick. Our question today comes from Justin who asks, “Our building company recently went through issues with its cashflow, so as directors we halved our wages to help…I was wondering if you could talk about the importance of, and the correct way to complete a cash flow forecast. Up until recently we had never completed a budget or cashflow forecast yet we have a turnover of 5 million. Yet, ...
What not to invest in!
July 01, 2019 08:47 - 20 minutes - 18.5 MBHi everyone and welcome to Finance and Fury. If you missed last Monday’s episode on bank bail in laws, you might want to go back and catch up as this week’s episode follows on from that one. Today we’ll look at what to avoid holding as investment in the future, based around the updates to these laws. Knowing what investments can be taken by banks in the next financial collapse, to allow them to bail themselves out is a great place to start, as these are going to be pretty risky going forwa...
The mother of all f**kups - Assumptions and their unintended consequences
June 28, 2019 01:35 - 26 minutes - 24.4 MBWelcome to Finance and Fury, the Furious Friday edition Going to run through the last part of the Lucky country – and that is how we can best turn our luck around Through – innovation, freedom of choice, and ignoring narratives based on assumptions Going to skip through Innovation and freedom of choice –to not repeat the same thing over and over – check out the other eps on this – links on the website – Quick summary of how they fit into todays topic though Growth through Innovation –...
Starting an online business or franchise
June 25, 2019 23:17 - 15 minutes - 14 MBWelcome to Finance and Fury, the Say What Wednesday edition John’s Question: I thought a useful topic could be about pros and cons off starting a business and starting your own business vs buying a franchise system etc. and using a business to achieve financial freedom. Personally, I have been looking into options to start a business both online and franchises. I have found that starting an online business can have a very low startup and ongoing costs, which is attractive but finding ...
Where to invest in preparation for the next financial collapse?
June 24, 2019 04:40 - 16 minutes - 15.3 MBWelcome to Finance and Fury Today – Want to start looking at what would likely survive another financial correction or worse, collapse Been thinking a lot recently about the structure of the modern economy – This episode is probably more like a FF ep, but this topic will have a massive impact on each of our lives at some point – where to have your money in preparation for the next crash Heavy topic - so a few things need to be explained before diving into what to look for in what will o...
The RBA rate drop will further compound our ‘low growth trap’, rather than stimulating the economy
June 21, 2019 00:50 - 20 minutes - 18.8 MBWelcome to Finance and Fury, The Furious Friday Edition In this ep, we continue looking at the lucky country look at a downward spiral in growth – low growth traps – and how it is created by what is meant to help growth? Low growth trap – The big problem comes from just looking at the numbers – and basing policy around models Major part of the modern economy – looking at the numbers – I do it as well Numbers can be inaccurate, or misinterpreted – sometimes the models being use...
What are the pricing and redemption risks of Managed Funds versus Listed Investment companies?
June 19, 2019 01:24 - 16 minutes - 14.8 MBWelcome to FF – SWW- answer questions from each of you – this week from Sebastian Hey Louis. I've been thinking about the pro's and con's of Managed Funds vs LICs/LITs. It occurs to me that one of the main disadvantages of managed funds is their open-ended nature. In a crash, A manager of a fund is disadvantaged in this situation because they are having to redeem fund units as panicked investors sell out at a time they should be deploying cash into the market. Closed-ended LICs a...
Cash rates decline – but will your mortgage repayments? As your savings rates certainly will!
June 17, 2019 02:12 - 16 minutes - 14.9 MBWelcome to FF – RBA cash Rates are lower now – talk about flow on effects Today – Will you get mortgage cuts, how your savings will be affected, effects on the job market and wages. Mortgage cuts Don’t expect the banks to pass on the Reserve Bank’s rate cuts in full don’t assume your mortgage won’t become more expensive outside any official rate movements. That’s the lesson to be learned from a “fascinating” graph that compares how the big four banks have manipulated variable ...
How to create a rising share market?
June 14, 2019 00:49 - 21 minutes - 19.5 MBWelcome to FInance and Fury, the Furious Friday Edition. Following the series of the Lucky Country – You don’t need to have listened to the last few FF eps for this one – rare event – but will be talking about a few related factors, like GDP growth, Interest Rates, Housing – all in relation to the share market – Today – episode will be looking at how the share market is related to all of these factors Help focus on how to create a rising share market – as it has become more volatil...
What is the First Home Loan Deposit Scheme? And how to use it?
June 12, 2019 03:34 - 20 minutes - 18.8 MBWelcome to Finance and Fury, the Say What Wednesday Edition This week’s question comes from Adam Hey Louis, learning lots from your podcast its been good value. My question is now the coalition are remaining in power i want to take advantage of the proposed first home deposit scheme. Can you explain more about this and if its good or bad and what to watch out for, and how we can be good candidates. Cheers Today: Talk about coalition proposals First home deposit scheme How can...
Stop procrastinating and start investing!
June 10, 2019 05:02 - 14 minutes - 13.5 MBWelcome to Finance & Fury, today we’re going to be looking at what stops people from investing. The common reasons I see; Fear and misconceptions Not knowing what to invest in Not knowing how to invest Not knowing the benefit Not having enough to invest The last one is a self-determinant from the previous 4 reasons. A form of financial procrastination creeps in; If you fear, don’t know, what, how or why, then you won’t allocate any resources (money) to it If you don’t know wha...
Why do we look to be in a Property Bubble?
June 07, 2019 06:09 - 20 minutes - 18.9 MBWelcome to Finance and Fury, the Furious Friday edition. Today we have a pretty good episode! (I find this interesting at least, so I hope you do too) – We’re talking about the Australia Property market, specifically the property bubble. How monetary policy has affected house prices over the last decades Most people my age born in the 80s to 90s, even 2000s have only seen property go up This makes it seem like a safe bet – so I want to look at this and the reasons for the meteoric ...
How do I transfer an overseas pension fund to Australia?
June 05, 2019 02:01 - 11 minutes - 10.8 MBWelcome to Finance and Fury, the Say What Wednesday Edition Today we have a question from Luke. Hi Louis, I listen to you often. Very informative and interesting episodes. My question is regarding super/pensions. I lived and worked in the U.K. for about 10 years - and still have a pension there. I also have Super here in Australia. I heard I could bring my U.K. pension back to Australia, then I heard they stopped it, and then I heard I still could. I was hoping you could clarify this...
How controlling your time is your path towards freedom?
June 03, 2019 03:18 - 17 minutes - 15.6 MBThe ability to get more achieved - learn how to control your time, not just manage it. This is what this episode will focus on, or put bluntly, it’s about Getting Shit Done! What is time? Time is the indefinite continued progress of existence and events that occur in apparently irreversible succession from the past, through the present, to the future. The reason this is important is that time is limited – it eventually runs out for all of us. While our total years alive may differ ...
How our monetary system has been either your best friend in the past, or currently your worst enemy
May 31, 2019 02:24 - 23 minutes - 21.7 MBWelcome to Furious Friday – Today – Continue with the Lucky Country Australia – Today – want to run through how a lot of our luck – especially if you have owned property, comes from the design of Australia’s monetary system since the early 90s. But diminishing marginal returns are a real thing – especially when it comes to money. In this episode we break this down to set the stage for the next two episodes – on Australian property and share markets and their potential returns for next few ye...
How to help your parents maximise their retirement incomes?
May 29, 2019 03:53 - 15 minutes - 14.4 MBWelcome to Finance and Fury, the Say What Wednesday edition Today’s question is from Robbie, Hi, and thanks so much for the podcast. Both Mum and Dad are retired however Mum is eligible for the pension before my Father reaches 65 (approx 5 years) however Their combined assets puts them over the threshold to claim the pension. Is it possible for them to transfer money/assets to a trust, or gift money to a sibling to reduce their combined assets below the Centerlink threshold. Relating...
Congratulations! You will be able to borrow more money to purchase a property!
May 27, 2019 06:19 - 19 minutes - 17.8 MBWelcome to Finance and Fury Looks like borrowing for property purchase is going to be easier. APRA is looking to make some changes to lending criteria enforced onto the banks. Today: Run through what these changes are Why they are occurring What the lending environment looks like over the next few years What is happening with the RBA and borrowing restrictions from APRA? Interest rates are strongly related to the interbank cash rate Made it clear that they are cutting rates in 2...
What is Luck? And how can we be manipulated through information, destroying the luck that we have.
May 24, 2019 05:37 - 21 minutes - 20 MBWelcome to Finance and Fury, the Furious Friday edition Last week: Being grateful for what we have, where Australia started and where we have come Today: Luck truly running out How it can be manipulated What is luck? Success or failure apparently brought by chance rather than through one's own actions’ The saying that ‘we make our own luck’ What are the outcomes of being lucky? The difference between success and failure If you were born in a Western Country, you were born lu...
Is there any proof that having more millionaires per person is better for the poor?
May 22, 2019 04:56 - 15 minutes - 14.5 MBWelcome to Finance and Fury, The Say What Wednesday edition. Where every week we answer your questions. Question from Anton - In your recent podcast you mention countries that have more millionaires and billionaires have more gdp and a higher quality of life. I am interested if you have research that shows the relationship of quality of life for the lower quartile of the population (by net total worth) against the number of millionaires in a Country. Today: Research on quality of li...
Death and taxes, or taxed to death?
May 20, 2019 07:15 - 17 minutes - 16 MBWelcome to Finance and Fury A plan for structural reforms to help increase Australians’ ability for upward mobility. The coalition will likely have enough seats to squeeze through a lot of reforms. Today: Income axes going up aren’t much of a concern What about the taxes you don’t see directly? The effect of these taxes on the economy growth or decline How to reduce your taxable incomes? Taxes – Government revenue source Number of taxes – do you know how may taxes you pay each...