by David Collyer | May 24, 2012 | Articles
Tidal Race. Definition: a stream of exceptionally fast tidal flow created when the tide is forced through a constriction. Australians are saving like mad and quickly paying down debt. But we stand in a Tidal Race, where the water rises faster than a person can run....
by David Collyer | May 24, 2012 | Articles
Reposted from Bryan Kavanagh’s thedepression.org.au, an excellent source of dissident economic analysis. It helps that he is correct. If you jump off the top of a tall building, you’ll go splat at the bottom: that’s simple physics. We are told economic laws are...
by David Collyer | May 21, 2012 | Articles
Corrected at 1730 to adjust (upward) the renovation figure. Many thanks, Steven Shaw for pointing out my error. Toby Johnstone is out again in the SMH recording how two brothers wasted nearly two years of their lives and endless toil renovating a Cleveland Street...
by David Collyer | May 17, 2012 | Articles
The Productivity Commission has just released a draft report on climate change adaptation for public comment. The report examines economic reform options in two broad categories: adaptations to uncertain future climate trends with benefits only under certain climate...
by David Collyer | May 8, 2012 | Articles
Today’s Sydney Morning Herald has a breathless article about a flipper couple who bought, renovated and have for sale a Marrickville terrace. The underlying message: there’s profit in the renovation game. My back-of-envelope calculations based on the article’s...