Noel News 14 Nov 2023

November 14, 2023

Welcome to our November Newsletter Last week our Reserve Bank raised interest rates another 25 basis points. It was a bad decision. I am one of 32 ‘experts’ who are surveyed each month for their prediction on the next monthly rate movement, and this month I was in the minority – just 30% of us forecast no change. It was not so much a prediction from me as it was...

Noel News 25 October 2023

October 25, 2023

"The unexpected blow lands heaviest." SENECA Welcome to our October Newsletter We have just got home from London, so today’s newsletter will be mainly about travel. Our original plan for the trip started with a...

Noel News 13 September 2023

September 13, 2023

Welcome to our September Newsletter It’s been another busy month and the good news is that the Reserve Bank did not increase interest rates at its monthly meeting on 5 September. I do think we’re getting...

Noel News 21 August 2023

August 21, 2023

Welcome to another Newsletter The big news last week was the housing summit, but unfortunately, I can see nothing proposed to solve the alleged housing crisis. There are two basic problems: too much demand and too little supply. The only way to cut demand is to...

Noel News 18 July 2023

July 17, 2023

The Reserve Bank has spoken... ...and, as I predicted, interest rates are on hold for at least one more month. The big question now is where they will go from here. The simple answer is that they will keep going up until inflation is under control, and at this early point in the new financial year, I see no signs of...

Noel News - Special Bulletin

June 29, 2023

Good morning, This is a special bulletin to rectify the technical problems in yesterday’s newsletter. We had a huge response to the Brisbane event with James and me, but many people emailed me to say the link did not work.

Noel News 28 June 2023

June 28, 2023

Good morning. We are almost at the end of another financial year. In the newsletter I wrote at this time last year, I was bemoaning the fact that the previous 12 months had been horrendous. However, I did point out that markets tend to...

Noel News 9 June 2023

June 8, 2023

“The true soldier fights not because he hates what is in front of him, but because he loves what is behind him” G.K. CHESTERTON MAJOR PENSION CHANGES There’s good news for pensioners, especially part pensioners, with the change of the assets and income test thresholds starting on 1 July. Details are below with the changed numbers shown in red. The new charts are...

Noel News 16 May 2023

May 16, 2023

Last Tuesday's budget was a surprise... As the first real budget after a change of government, it didn’t follow the historical pattern. Typically, the incoming government discovers to their horror that the financial situation of the country was much worse than their predecessors had claimed, and severe medicine needs to...

Noel News 26 April - early edition

April 26, 2023

This is an early newsletter – the Federal Budget will be delivered on Tuesday 9 May, after which I’ll be doing a special bulletin. Labor has already promised no more changes to super but I’ll believe that when I see it. I’ve got three speeches booked in after the budget and I am sending this newsletter now to give you plenty of notice if you would like to come.

Noel News 11 April 2023

April 11, 2023

Welcome to our April newsletter It’s amazing how quickly the year is flying by. The last four weeks have been dominated by proposed superannuation changes, where interest rates may be going, and the state of world markets. As I have said repeatedly, the way forward is to focus on the things you can control and not to get obsessed with things that are out of your control. Let’s talk about interest rates first...

Noel News 14 March 2023

March 14, 2023

Welcome to our March newsletter Interest rates were a big topic last week, with the Reserve Bank making a predictable 0.25% increase at its monthly meeting on 7 March. Of course, this garnered the usual doom and gloom headlines on the 6 o’clock news. However, the tone changed quickly in...

Noel News 16 Feb 23

February 16, 2023

Welcome to our February newsletter Markets have been exciting since December with good results coming from everywhere.  It makes me reflect on the emails I kept getting last year telling me they would like to convert their super to cash just to be safe, and then switch back when the upturn is finally established. But markets have gone gangbusters in the last few weeks, and of course...

Noel News 13 Jan 23

January 13, 2023

Every new beginning comes from some other beginning’s end. SENECA THE ELDER Welcome to our first newsletter of 2023 No doubt it will be another challenging and interesting year, but I’ll do my best to keep you up to date on the important things that happen along the way.

Noel news 13 Dec 2022

December 13, 2022

Welcome to our last newsletter of the year! And what a year it’s been. Volatile share markets, property markets in a downturn, inflation roaring, a war in Ukraine, interest rates going sky-high and a change of government. That’s just a bit of it.

Noel News 4 Nov 2022

November 4, 2022

Welcome to our November newsletter It’s amazing how quickly the year has gone and what an eventful year it has been. I promised to focus on the budget, but apart from a rejig of measures that were already in the pipeline, there was...

Noel News 18 Oct 2022

October 18, 2022

"First we're children to our parents then parents to our children then parents to our parents then children to our children." MILTON GREENBLATT Good morning I’m writing this from Los Angeles, where we are visiting our son James and his family. It’s our first overseas trip for three years, and nothing much has changed in America except the ...

Noel News 12 Sep

September 12, 2022

I started the last newsletter discussing interest rates and the rise of 50 basis points last Tuesday, taking the cash rate to 2.35%, confirms my opinion that rates are moving upwards. The Reserve Bank wants to get rates at a level which...

Noel News 15 Aug 2022

August 15, 2022

Welcome to another newsletter. I am writing this on Thursday, 11 August and am pleased to report that our long-delayed renovations are finally proceeding smoothly. Better still there has been a good pick up in markets since my last newsletter and I have used the opportunity to...

Noel News 11 July 2022 - Happy New Year?

July 11, 2022

Good morning, I’m writing this on Friday 8 July - the beginning of a new financial year. I’ll start off by talking about markets because it’s been a pretty tough year for superannuation, and there are many scary headlines warning us

Noel News 16 June 2022

June 16, 2022

I am writing this newsletter at lunchtime on Tuesday 14th June while the stock market is being smashed. It’s one of the worst days I have experienced - it’s always a shock to the system to see so much red ink on the screen. I guess...

Noel News 18 May 2022

May 18, 2022

Welcome to our May newsletter. It’s only a few days to the election and right now the outcome is looking uncertain, but obviously with a swing to Labor. Everybody I know is sick of...

Noel News 8 April 2022

April 8, 2022

Do not regret growing older. It is a privilege denied to many. Welcome to another newsletter. It was always going to be an election budget, and there were some good things in it. But the cash handouts are fiscal irresponsibility at its worst. Think about it: the Treasurer revealed that there would be...

Noel News - SPECIAL BULLETIN

March 18, 2022

Six monthly pension changes now announced. Today’s newsletter is just a special bulletin. Its purpose to give you the details of the latest pension changes which take effect on 20th of March, and also give you the tools to do your own calculations.  The age pension calculator on my website has been updated with these changes. So don’t forget to use it.

Noel News 9 March 2022

March 8, 2022

Welcome to another newsletter. When I wrote the last one, I had no idea that a war in Ukraine would be taking place by the end of February. These events, and all the scary media that accompanies them, terrify people. Naturally this has been accompanied by massive falls in markets all around the world. As usual, I’m getting a raft of emails from people asking whether they should quit their investments before it’s too late.

Noel News 26 Jan 2022

January 26, 2022

Welcome to another new year. It’s hard to believe that January is almost over. The last eight weeks have been very busy ones for me due to the dramas of getting the audible book of Retirement Made Simple finished and in publishable form. Dealing with Amazon in America is a

Noel News 13 Dec 2021

December 13, 2021

Welcome to our last newsletter of 2021 It has certainly been an interesting year. If you cast your mind back to March 2020 the stock market was in freefall, and most people were predicting major permanent job losses. Since then, the market has boomed and one of the biggest problems the world has are shortages.  

Noel News 11 Nov

November 11, 2021

Welcome to our November newsletter Can you believe it’s almost Christmas? I guess the major topics right now are interest rates and inflation.

Noel News 11 Oct

October 11, 2021

Welcome to our October newsletter We are now entering the last quarter of this year and I predict it is going to be a challenging one. We are in a unique situation right now with four states virtually

Noel News 3 Sep

September 3, 2021

“It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy.” GEORGE LORIMER

Noel News 18 Aug

August 18, 2021

"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." ROBERT G. ALLEN

Noel News 27 Jul 2021

July 27, 2021

Welcome to another newsletter and to the start of another financial year. As I write this, the Australian stock-market is at a record highs, and American stock markets are in a similar position. The top 20 performing Australian super funds returned over...

Noel News 9 June

June 8, 2021

"You are in the right place at the perfect time. Keep enjoying the pursuit of your potential." DAVID MELTZER Welcome to another newsletter. As usual we have much to cover.

Noel News 26 May

May 25, 2021

In this edition I’ll talk about the recent federal Budget, and the battle I had with Telstra which went over eight weeks. As you will discover I did win it.

Noel News 5 May

May 5, 2021

Welcome to our May newsletter – the fact that May has arrived tells us that we are less than two months from the end of the financial year, and also heralds the pending arrival of this year’s Federal Budget which will be handed down on Tuesday 11 May.

Noel News 29 Mar

March 29, 2021

We’ve got a pretty comprehensive newsletter for you today, and I know you’re going to enjoy it. I am writing this from home in Brisbane and am so excited to see a bright sunny sky once again after days of some of the heaviest rain I have seen in my lifetime.

Noel News - 4 Mar

March 4, 2021

I started this newsletter in November 1998. I mentioned then that I had received so many letters and emails from readers of my books and columns over the years that many of you feel like family, and having...

Noel News 28 Jan 2021

January 28, 2021

ou can't go back and change the beginning, but you can start where you are and change the ending. CS LEWIS Welcome to our first newsletter of 2021. As always, I am amazed how quickly time flies - next week will be February. But there is still time to think about the year ahead and what you can do to survive it in good shape.

Noel News 4 Dec

December 4, 2020

You can't go back and change the beginning, but you can start where you are and change the ending. CS LEWIS  Welcome to December – I must confess I write this with...

Noel News 11 Nov

November 11, 2020

Knowledge is the ultimate currency which can never be destroyed. It can be used over and over again without ever depleting its supply.

Noel News 20 Oct - New Book Release!

October 20, 2020

Today is a very special day – it marks the launch of my latest book, Retirement Made Simple. I have written over 20 books, but this is one of the most significant ones: it completes a trio that will guide you throughout your life.

Noel News 10 Sep 2020

September 10, 2020

Welcome to our September newsletter – it’s amazing how quickly time passes. It was in my February newsletter that Covid-19 got its first mention, and then in the March newsletter I wrote: “What we are facing now is far worse than the GFC and I believe it will change many people’s behaviour for the rest of their lives...

Noel News 11 Aug

August 10, 2020

Welcome to our August newsletter. The two most unexpected things of the last month have been, first, the worsening situation in Victoria and, second, the strength of local and international share markets. What has happened...

Noel News 14 Jul

July 14, 2020

Welcome to our seventh newsletter of the year. It’s hard to believe that June 30th is already a memory, and we are now in July speeding towards December. I guess the big surprise since I last wrote to you is the situation

Noel News 9 June

June 9, 2020

Time is your friend,  impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market. WARREN BUFFETT Here we are again. This is our sixth newsletter for the year, and I continue to be astounded at..

Noel News 8 May 2020

May 7, 2020

Successful investing takes time, discipline and patience. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant. WARREN BUFFETT Welcome to our fifth newsletter for 2020, and our fourth newsletter since Covid 19 became big news. It’s interesting to...

Noel News 20 April

April 19, 2020

Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. WILLIAM A. WARD It’s been nearly four weeks since my last newsletter, and so much has happened in that short time.

Noel News 25 March

March 24, 2020

And once the storm is over, you won’t remember how you made it through, how you managed to survive … you won’t even be sure whether the storm is really over. But one thing is certain—when you come out of the storm, you won’t be the same person who walked in. That’s what this storm is all about.

Noel News 24 Feb 2020

February 25, 2020

Welcome to our latest newsletter – it’s certainly been a challenging three months. First the bushfires, then the floods, and now coronavirus. Bushfires and floods are nothing new, and, as you will read later, the world has suffered some frightful viruses. But, as always, the key is to take a long-term view, and don’t get spooked by what happens on a day-to-day basis. As I’ve often told my children, all we want to do is pass the car in front. But guess what? The moment we pass the car in front, there is another car in front! I’m sure when the coronavirus has run its course there will be something else to make the headlines.

Noel News 22 Jan

January 22, 2020

Becoming who you aspire to be is a journey that you'll be repeatedly tempted to abandon, don't do it. DAVID MELTZER Welcome to our first newsletter of the decade. I am stunned at how quickly time flies – it seems like yesterday when I...

Noel News 3 Dec

December 3, 2019

Welcome to December. In this edition Our new  book Downsizing Made Simple has just been launched. Sophisticated versions of our e-books are now available. My quest to find justice for vulnerable people who have become the unsuspecting victims of toxic reverse mortgages. Growing pressure on Private health fund funds as older Australians live longer, and younger members forgo health insurance. A poignant poem from a grazier’s wife to the Prime Minister about drought relief.

Every ‘overnight success’ is only 17.5 years away. - DAVID MELTZER

October 31, 2019

Welcome to another newsletter – it’s hard to believe it’s just eight weeks to Christmas, but I’m so pleased that Making Money Made Simple will be in many people’s Christmas stockings. When the...

Credit Cards

October 31, 2019

I’ve mentioned credit and debit cards in recent newsletters and mentioned how I had moved from the Latitude credit card to the ING debit card. Several readers have asked me to elaborate, so in this newsletter I will focus on both credit cards in general and international transaction cards as well.

Getting it Together

October 31, 2019

I always get a thrill when emails arrive from people who tell me the stuff I write has changed their lives. One that arrived this week was very special. To protect the privacy of the writer I have deleted some material that would identify him.

Speaking in Sydney

October 31, 2019

The Property Owners Association of NSW is the peak non for-profit organisation representing the interest of private landlords in NSW. They are holding their annual end of year function and have opened up tickets for their members and non-members who are interested to network with like minded small to medium investors. I will be presenting on the night and expecting that there will be some...

And Finally

October 31, 2019

Judging by the emails I get from readers, the jokes at the end of the newsletter are always very popular. Well, today there is no joke – Last week I discovered what follows, and I believe it’s one of the best poems I have ever read. I hope you enjoy it too, and take the message to heart. It gives me  a lump in the throat every time I read it.

Home Sweet Home

October 9, 2019

We have just returned from a quick trip overseas. The first leg was to Los Angeles to see our son James and his wife and their beautiful daughter Sophie. She was born on 1st May and is growing rapidly. Then we made the...

Speaking in London

October 9, 2019

The main purpose of our visit to London was to make a speech at Australia House for the University of Queensland Alumni. It was a challenging gig because

The Coming Bond Crisis

October 9, 2019

Part of my speech was devoted to the current state of world bond markets. Bonds are the kind of investment which most personal investors do not have in their own personal names, but anybody with superannuation will almost have part of their money in bonds. When times are challenging,

International Shipping

October 9, 2019

The cost of international postage is beyond belief. I was in Los Angeles when Making Money Made Simple came off the printing presses and asked McPherson’s the printers to send two copies of the book to me. As I was...

Tips for Expats

October 9, 2019

1. Before you left Australia... ...did you declare to the ATO the realised gains on your shares or have you elected to maintain the cost base and defer this gain until they're sold? Shares held by a

And Finally

October 9, 2019

Do you have weight loss mantras? Fat chants! My tailor is happy to make a new pair of pants for me. Or sew it seams.

The Power of Compounding

September 10, 2019

I strongly believe that the easiest way for anybody to make a significant difference to their financial situation when they retire is to understand the importance of getting the best return possible on their superannuation. This is why I have...

Markets!!

September 10, 2019

Almost every time I go out, people ask me what I think will happen in this world of Donald Trump and Brexit, and whether they should cash out of their portfolios and wait till times change. Now I appreciate that there have been a couple of volatile months with world share markets jumping all over the place in response to factors which include a trade war with China and civil disobedience in Hong Kong.

And Finally

September 10, 2019

The following questions and answers were collated from British GCSE exams, ie. 16 year olds!   Geography Q: Name the four seasons. A: Salt, pepper, mustard and vinegar.

The Book You Don't Read Won't Help - Jim Rohn

August 30, 2019

A totally new edition of Making Money Made Simple is now finished. It will be on the printing presses next week, and available by the end of next month. It’s been an amazing journey. What started as the 23rd update of a book, which was first published in 1987, and has since sold over 2 million copies worldwide...

Markets!!

August 2, 2019

The Australian share market is hitting new heights, and of course the question now is whether it is overvalued, or whether it is still a good place to invest. Let’s start with a fundamental truth – nobody in the world can consistently accurately predict the movement of markets. Remember all the doomsayers who...

Interest Rates Cut - Negative Mortgage Rates!!

August 2, 2019

The Reserve Bank has spoken, and interest rates have been slashed by another 0.25% — to 1%, the lowest in Australia’s history. The logic is beyond me. Once again, I was one of 40 “experts” who were asked...

Brexit

August 2, 2019

Boris Johnson is now Prime Minister of Great Britain and of course the negative news is already painting him as a buffoon. It’s a very different view that people who know him have expressed to me. And most people in Australia don’t know that he was once...

And Finally

August 2, 2019

This was sent to me by a subscriber, and I gather it appeared in Good Weekend magazine. I think it’s priceless.

A Watershed In Politics

May 28, 2019

The election outcome was a watershed in Australian politics when the people overwhelmingly repudiated Labor’s left-wing, high taxing agenda. Think first about the Liberals. They had been in turmoil since Joe Hockey gave the leadership to Tony Abbott … who was dethroned by serial saboteur Malcolm Turnbull.

It's All About Tax

May 28, 2019

The whole issue is tax. And the elephant in the room is that Australia’s tax policy is seriously flawed. We are over-reliant on personal income tax, with the top 3% of taxpayers contributing 30% of the income tax revenue and the...

Interest Rate Movements

May 28, 2019

Next Tuesday the Reserve Bank will meet and make their normal monthly announcement about interest rates. Most economists are forecasting a .25% drop, with Bill Evans of Westpac telling the media he expects the cash rate to be  .75% before the end of the year.

Tax Planning Tips

May 28, 2019

The end of the financial year is fast approaching, so there’s no time to lose if you are in a position to reduce your tax.

And Finally

May 28, 2019

Vagaries of English Language!Ever wonder why the word funeral starts with FUN?How come lipstick doesn't...

Noel News 7 May - Introduction

May 9, 2019

Good morning! I’m writing from Los Angeles, where we arrived last Thursday to be with my son, James, and his wife Jenn, for the birth of their first child. The baby was...

Travel Jottings

May 9, 2019

We flew from to Paris via Abu Dhabi for a 10-day Tauck tour along the Rhone, starting and finishing at Lyon. It was our first European river cruise, and we enjoyed the leisurely pace and the fabulous scenery. It was our third...

Unfair attacks on super

May 9, 2019

The election is just days away, and for weeks we have been bombarded with the advantages and disadvantages of the many changes being proposed. In the financial sphere...

Superannuation Seminar

May 9, 2019

If you have a self-managed super fund, or are thinking of starting one, you may enjoy the half-day seminar being put on by Superannuation Services Pty Ltd, who ...

Travel Finance

May 9, 2019

Our latest trip has given me the perfect chance to research the most efficient way to pay for your trips overseas. For years, I have extolled the virtues of the...

Telstra Roaming

May 9, 2019

My plan is $69.90 a month, after $10 a month discount, which they say includes the $10-a-day global travel pass. I was led to believe that that meant the $10 a day was included, but have now learned I was misled. But the global travel pass is still...

Health Matters

May 9, 2019

New research has found that drinking sugary drinks like soda and fruit juice is associated with an early death. The study, by Harvard University’s School of Public Health, found that...

And Finally

May 9, 2019

Getting ready for NBN Broadband in the bush!!

Noel News 16 April - Introduction

April 16, 2019

It’s never the final hammer blow that breaks the rock; it’s all the hammer blows that came before it.

The Budget

April 16, 2019

I was asked to write something on “the good the bad and the ugly” of last months Budget. I dutifully made the journey to Canberra, and — after enduring more security checks than one would expect in Tel Aviv airport — finally made it to a packed gallery to watch proceedings first hand.

Labor Uncertainties

April 16, 2019

Many of Labor’s polices are simply announcements of what they intend to do, without detail. For example, as far as I am aware, we don’t know what will happen to losses on negatively geared properties that cannot be offset against current taxable income. Under Keating, they were...

Making Money Made Simple

April 16, 2019

Thanks to all of you who emailed me telling me how the book had made such a difference to their lives. It’s very heartening. I’m pleased to say that Making Money Made Simple Mach 2 is...

Buying Off The Plan

April 16, 2019

The key to making money in real estate is to buy well, and make sure you buy a property to which you can add value. This is the origin of the “worst house in the best street” principle. This is why I have never liked apartments as an investment because...

And Finally

April 16, 2019

One of the most beautiful books to read is "Die Empty" by Todd Henry. The author was inspired and got this idea of writing this book while attending a business meeting.  When the director asked the audience: "Where is the richest land in the world?"

Legacies

March 26, 2019

We are now at a time where many of the parents of baby boomers are passing on, leaving legacies to their families. This raises many issues about capital gains tax and the best strategies beneficiaries can use to optimise their affairs.

Cash Backs

March 26, 2019

In the eternal tug-of-war between the consumer and the retailer, the latter has two very effective weapons. The first is inertia – the tendency of all of us to let things continue as they are. It applies to things like...

Noel's Next Brisbane Speech

March 26, 2019

On Monday, 1 April, the day before the budget, Julia Hartman of Bantacs is putting on a seminar at the Colmslie Hotel at Morningside in Brisbane from 6 PM to 7:30 PM. I will be the main speaker, and will be providing a general overview on the latest economic conditions, and what strategies should still work for all of us.

Teaching Saving

March 26, 2019

I have written before about how much I love the 7-Eleven fuel watch app. In an age where petrol prices fluctuate dramatically, it’s great to have an app which costs nothing and which lets you lock in the current price per litre for up to 7 days. I used it to great effect as an educational tool when I...

Credit Cards

March 26, 2019

Despite the comments made at the Royal commission, it’s clear that many financial institutions are still not doing the right thing by their customers. Just this week my daughter got an invitation from Citibank who issue Virgin credit cards to...

And Finally - from parish newsletters

March 26, 2019

The Fasting & Prayer Conference includes meals. Scouts are saving aluminium cans, bottles and other items to be recycled. Proceeds will be used to cripple children. 

Labor and Housing

March 26, 2019

A fortnight ago I was privileged to be a member of a roundtable conference in Canberra chaired by the Treasurer Josh Frydenberg to discuss the housing market and the implications on it of Labor’s policies. The Treasurer made it clear that he had...

Making Money Made Simple

March 26, 2019

Making Money Made Simple is now in its 31st year, and, while the fundamental messages in that book are unchanged because they are timeless, much of the content needs an update. We now need to cover things like...

And Finally

March 26, 2019

The meaning of opaque is unclear.I wasn't going to get a brain transplant but then I changed my mind...

The Royal Commission

February 11, 2019

The Royal Commission has handed down its report. It’s certainly put a blowtorch on the practices of some of our banks but that was hardly a revelation. In 1991 Peter Burke wrote You can Bank on the Wails, a series of anecdotes about bad behaviour by banks, and in 2001

The Facts on Coal

February 11, 2019

It’s become fashionable for certain sections of our community to regard coal as one of Australia’s worst enemies. It’s a fallacy - I hope the latest information on coal will be useful to you.

For The Wine Drinkers

February 11, 2019

I know many of you enjoy a glass of wine, but the fact remains that as we get older our bodies can’t tolerate alcohol as much as they once did. Furthermore, if your relationship is like mine, one partner may prefer a red and the other a white. As a result, it often

And Finally

February 11, 2019

The following explanation of the tax system has been popular for many years, and in his latest memo, Oaktree’s Howard Marks uses it and says, “I’ve been waiting a long time for

Noel News 30 Jan Introduction

January 30, 2019

If you don’t like where you are, change it! You’re not a tree. JIM ROHN

The Blue Zone

January 30, 2019

I have been doing a lot of reading about life expectancy and have joined the Blue Zones group. Their website is www.bluezones.com - if you check it out you will find all sorts of material on healthy living, and read about how they are transforming communities in many parts of the world.

January 30, 2019

The Federal Budget is due on 2 April, and you can bet that an election will be called in May. A major focus in the coming election campaign will be the tax policies of the coalition as opposed to those of Labor. Therefore, in this newsletter I’ll give you a brief overview of Labor’s policies.

Gut Health

January 30, 2019

There has been a wealth of publicity recently about the importance the gut plays in keeping us healthy – it’s even been described as a second brain. In a recent article in Choice magazine Dr Tim Crowe pointed out

The one number that doesn't matter

January 30, 2019

Many of you have heard of my son James Whittaker who is my co-author on The Beginners Guide the Wealth, and is the author of the recently

Brexit Explained

January 30, 2019

I loved this contribution from one of our UK readers: David Cameron made a promise he didn't think he'd have to keep, to have a referendum he didn't think he would lose. Boris Johnson decided to back the

Welcome to another new year

January 17, 2019

Welcome to another new year. Isn’t’ it hard to believe that January is nearly halfway through.   A basic principle of success is to keep looking for way to make things better. And over Christmas my thoughts turned to this newsletter. I’ve been writing it for nearly 30 years, and

A Challenging World

January 17, 2019

We certainly enter 2019 to a world of uncertainty. As I write this Donald Trump is still fighting with Congress about funding for the Mexican wall, they are rioting in Paris, and there is much uncertainty in Britain about Brexit. Having been to Berlin I have

Capital Gains Tax

January 17, 2019

Capital gains tax will be a major topic as we race to the next federal election. Treasurer Josh Frydenberg was on the attack last week, pointing out that if Labor’s capital gains tax (CGT) proposals become law, Australians will be paying CGT at one of the highest rates in the Western world.

Christmas Entertainment

January 17, 2019

There were some real treats on the box over the holidays. On Amazon Prime Video the one you can’t miss is The Marvellous Mrs Maisel - it’s set in 1959 in New York and the sets and the music are extraordinary. On Netflix I recommend

And Finally

January 17, 2019

Late last year I had the pleasure of making a speech with Bettina Arndt at the Stanford Brown client briefing in Sydney. Their head of research Ashley Owen put together some acronyms for retirees. Here they are.

Noel On Screen

November 26, 2018

In an age where people are living longer, planning for economic security in retirement has become very important. Every day my inbox is full of emails requesting help on specific topics concerning pre-retirement and retirement - far more than I can answer. Whilst the regular contributions I make to a wide range of print and radio media go a long way towards answering these questions

How Much Do You Need to Retire?

November 22, 2018

How much money do you need to retire? There is a spate of media releases flying around on this topic, and it depends who you believe. In the red corner we have the left-leaning Grattan Institute, who for years have been claiming that the superannuation industry is running a scare campaign to get

And Finally

November 22, 2018

A Bear Market??? It’s been a rocky couple of months in the stock market, but I thought you may be interested to re-read something I wrote in my newsletter of

Home Security

November 8, 2018

For years I have written about ways to protect your finances, but it’s also important to protect your home and your family. Therefore, I’m starting this newsletter with some information about a burglary that happened at our home in late September.

Travel Finance

November 8, 2018

Recently a reader highlighted a problem that is affecting many retirees. She and her partner have long had a credit card with the principal card in his name, and hers held as a supplementary. She had read my advice that

The Curse of Liquidity

November 8, 2018

Stock markets are bouncing around. The optimists are seeing any dip in the market as a great opportunity to jump in and buy -  the most extreme of the pessimists are forecasting we are on the brink of another financial crisis.

Noel Whittaker Ebooks

November 8, 2018

You have a device in your hand that gives you access to the sum total of all human knowledge. Why waste its power arguing with strangers and looking at pictures of cats?

And Finally

November 8, 2018

If a parsley farmer is sued, can they garnish his wages? Would a fly without wings be called a walk?

Be Prepared

September 8, 2018

Bank interest rates are on the rise, and it’s got nothing to do with any action the Reserve Bank may take. The interest rate cycle has turned, and rates all around the world are going up. As a consequence, the cost of funds sourced by our banks from overseas are rising as well.  The rate rises that have been announced in the last few days are

The Royal Commission

September 8, 2018

The Royal Commission has provided riveting viewing for those of us who are interested in such things. It has already taken some big scalps, including the Chair and several board members of AMP. It has also highlighted some unsavoury tactics employed by

Airbnb and Tax

September 8, 2018

Airbnb has become a popular new source of income for the homeowner who wants to make a few extra dollars. But like every way of making money there can be downsides. And in the case of Airbnb the following downside is not generally known. There is a common false belief that homeowners who offer their home for rent on Airbnb can rely on the “six-year rule”. This is a

And Finally

September 8, 2018

No one ever says "It's only a game" when their team is winning I've reached the age where 'happy hour' is a nap

A New Financial Year

July 24, 2018

Welcome to a new financial year. Apart from the fact that it seems to have come around so quickly, it does give us the perfect opportunity to take stock of where we are right now, and make plans for the next 12 months. Remember, the best...

Your Own Home

July 24, 2018

If you are thinking of moving in the next five to ten years, start creating extra value immediately by planting trees and shrubs, where appropriate, both in your yard and on the footpath. The cost may be only a few dollars today but...

Investment Properties

July 24, 2018

The problem with investment properties is that as they age, there comes a time when their value plateaus and even starts to fall. The building, after all, is a depreciating asset. However, evicting the tenants to bring the property back to a pristine state, and then...

Investments in Shares

July 24, 2018

Unfortunately, many shares also fall into the "hoping it will get better" basket, but unlike property, you can get rid of shares in whole or part by a simple phone call to your stockbroker or financial adviser. Ask them to review your portfolio and suggest what should be...

Superannuation

July 24, 2018

Superannuation is almost certainly going to be a major plank in your retirement income plan, so nurture it well. Think about the mix of assets, and make sure they are appropriate for your goals and your risk profile. In my opinion, anybody under 50 ought to have their entire superannuation in a high-growth option.

Loans

July 24, 2018

When you list your loans, enter the interest rate and the monthly payment next to each one, and then separate them into those where the interest is non–tax-deductible (your home loan and any car or personal loans) and those where the interest is tax-deductible (investment loans).

Capital Gains Tax Changes

July 24, 2018

When you are thinking about your investment assets, keep in mind that it is Labor policy to reduce the discount on taxable gains from 50% to 25%. I have been assured by Chris Bowen’s office that this will not be retrospective, and accordingly will not apply to any properties purchased before...

A Podcast For You

July 24, 2018

As you're aware, I do a lot of media work to help people with their finances, but rarely do I get the opportunity for an in-depth conversation about the journey that brought me to this point. It's been an interesting life, with many highs and lows, as we of course...

And Finally

July 24, 2018

I just read that 4,153,237 people got married last year. I don’t want to cause any trouble – but shouldn't that be an even number?   Today a man knocked on my door and asked for a small donation towards the local swimming pool, so I gave him a glass of water.  

Tax Deductible Super

June 12, 2018

The approach of June 30 provides you with the perfect opportunity to make a tax-deductible contribution to your superannuation if it's appropriate in your situation. The laws changed last July – now everybody who is eligible to contribute can make concessional contributions up to $25,000 a year and claim a tax deduction. To be eligible you must...

Capital Gains Tax

June 12, 2018

And while we're at it, let's think about capital gains tax. It’s the friendliest tax you can pay because it is not triggered until you dispose of the asset, and this may be many years after you acquired it. Furthermore, if you have...

And Finally

June 12, 2018

No matter how much you push the envelope, it'll still be stationery. If you don't pay your exorcist you can get repossessed...

LABOR’S TAX GRAB TO HIT MOST VULNERABLE

May 21, 2018

Labour’s proposed changes to the imputation system are based on false premises, are discriminatory and will end up hurting the most vulnerable. Labor starts from the premise that millions of dollars in franking credits are being unfairly claimed by members of large self-managed super funds. But the problem here is the phrase “are being”. It should be “once were”. Until last July it was true that self-managed superannuation funds could hold all their money in the tax-free pension mode and so get a full refund of all franking credits. But the Turnbull government axed this, and now the most any fund can hold in pension mode is $1.6 million per member. A fund with a balance of $10.2 million last June has had the goal posts moved. Now they will hold $3.2 million in pension mode, with the remaining $7 million in accumulation mode paying 15% tax on earnings. When the self-managed funds do their tax return for the year ending June 2018 it will become clear that the amount of imputation credits refunded will have been massively reduced. But there’s more. If the government introduces a tax like a GST, they can depend on a growing source of revenue over time. Once again, in the superannuation area, the Turnbull government have beaten Labor to the punch. Since last July the most that can be left inside superannuation to a beneficiary upon death of a member is $1.6 million. Given that the majority of members of large funds are at least 65 years of age now, it is obvious that within 25 years most of these will be dead and funds with big balances will be no more due to the removal of the money when a member dies. It will not be a growing income stream from surplus imputation credits being forfeited it will  be a rapidly shrinking income stream. Ironically it will be the vulnerable who will be most hit. The big retail funds will be unaffected as they invest in a wide range of assets and can allocate franked dividends where necessary to optimise returns. This strategy is also available to self-managed super funds. But think of a pensioner couple with $200,000 in bank shares paying dividends of $9000 a year plus franking credits of $4000 a year. Under Labor’s proposals they would no longer be able to claim a refund of those franking credits, and so would be $4000 a year worse off. That sum might be the difference between having private health insurance and going without. But worst of all, this non-stop tinkering with the superannuation rules, and the continual moving of the goalposts destroys trust in the system, and makes the public more cynical.  The proposed measure is an ill-thought-out disaster.

BEWARE MORTGAGE STRESS

May 14, 2018

There is no doubt that interest rates on home loans will rise within the next two years. This could cause severe financial strife for people who are overexposed, which is why you should be doing your best to get ahead of your home loan repayments now. But there are other ways to get caught. Just recently, I heard about a couple who got carried away by rumours of an impending property boom and grabbed an apartment to ensure they had a foot in what they thought was a rising property market. Eighteen months later they had a baby, and quickly discovered the apartment was no place for a couple with a child. They then rushed out and bought a house, in the hope that they could sell the apartment for more than they had paid for it, and so increase the equity in the home they had just bought. They then discovered to their horror that the apartment was worth at least $50,000 less than they had paid for it, which meant the mortgage was more than the property was worth. They were underwater! They have made themselves particularly vulnerable, because they now own two heavily mortgaged properties, at a time when property prices are unlikely to rise, but interest rates will. The potential damage to their long-term financial situation is huge. Anybody thinking of buying property should be aware that the secret of making money in real estate is to buy well and add value. The term “buying well” means the vendor must be highly motivated to sell s enabling you to get a property below market value – the term “add value” is akin to buying the worst house in the best street. Buy a great location and do up the property. Remember, you cannot add value to an apartment. All it can do is get increasing less attractive when compared to newer ones being built.

The Royal Commission

May 2, 2018

The Royal Commission continues to unearth disturbing examples of bad financial practice, but it’s hard to imagine anything much worse than what was revealed last month about “celebrity” financial advisor Sam Henderson. I was watching it on live stream, and was transfixed by...

Watch The Royal Commission on Live Stream

May 2, 2018

The proceedings of the Royal Commission are available for you to watch on your computer or other device. As I understand it they are in recess for three weeks, but if you click on the link below most of the previous sessions should be available. It's well worth watching if you got the time. Watch here...

Super - Still Under Attack

May 2, 2018

Ask the average Australian what they think of superannuation, and they will give you a worried look and make a comment like, “I don’t trust it – they keep changing the rules!” Given this undeniable truth, one would think a major goal of all political parties would be ...

Saving on Electricity

May 2, 2018

Ignore this if you know it already, but this was new information for me. Only recently have we discovered that the main electricity providers have different rates that vary during the day. We use Origin and if you go to their website you can find out that on weekdays between 10 PM and  7 AM the rate is $18.94 - but in peak hours...

And Finally

May 2, 2018

I changed my car horn to gunshot sounds. People get out of the way much faster now. Gone are the days when girls used to cook like their mothers. Now they drink like their fathers.

RE-LOCATION TRAPS

April 30, 2018

Today I’m going to tell you about the challenges faced by a client of mine who was relocating to a provincial coastal town because she was retiring.  Until recently she lived in a medium sized country town where house prices were showing no growth.  The area she was moving was a hot spot for retirees with prices booming.

BEWARE FAKE NEWS

April 23, 2018

Investing is challenging, and anybody who invests in growth assets such as property and shares should know that any asset that has the potential to produce capital gain, can also give you a capital loss. This is why I recommend that you do not invest in property or shares unless you have at least seven to ten-year time frame in mind.

Market Turbulence

March 27, 2018

This newsletter is being written in Los Angeles where all our family are gathered for the wedding of our middle child James Whittaker who’s latest book gets a mention later in this newsletter. As you know markets are having a shocker, but I am comforted by the following words...

Labour's Tax Grab

March 27, 2018

The papers have been highlighting Labor’s latest attack in the class war they have created.  To put it simply they are proposing that our imputation system be changed, so that excess imputation credits will not be available to low income taxpayers after next June. Of course, they claim it's...

Think and Grow Rich: The Legacy

March 27, 2018

I'm thrilled to announce my son James (based in Los Angeles) was recently commissioned to publish a modern version of Napoleon Hill's Think and Grow Rich. You may remember James as co-author of The Beginner's Guide to Wealth. For those who don't know,...

And Finally

March 27, 2018

The nicest thing about the future is that it always starts tomorrow. Money will buy a fine dog but only kindness will make him wag his tail If you don't...

Market Turbulence

February 15, 2018

It's been a turbulent few days on world share markets, with the Dow Jones falling 4.6% in just one day. Of course, this led to the usual headlines about carnage, bloodbaths and the end of the world being nigh. That is – sadly for the investing public – there was the usual amount of misinformation put about.

Travel Tales

February 15, 2018

Geraldine and I travelled to Paris last month, at the invitation of the Australian Ambassador, Brendan Berne, to be present at the opening of the William Robinson Art exhibition at the Australian embassy. Robinson is one of Australia's finest painters, and is so highly thought of that one of his most famous paintings was used for...

Bitcoin

February 15, 2018

From time immemorial people have searched for easy money. In mediaeval times alchemists searched for ways to turn base metals into gold, and in the 17th century there was tulipmania, in which the boom reached such proportions that some people sold their houses for just one tulip bulb. In fact, bubbles and busts have been so common that in my library is a three-volume set entitled "Great Bubbles".

And Finally

February 15, 2018

Male logic ... flawless

My favourite gifts

December 11, 2017

The book you don't read won't help.  JIM ROHN Christmas is fast approaching and with it, the usual challenge of finding an appropriate gift that won't break the bank. My favourite gifts have always been books because the cost is relatively small, they can be a permanent reminder of the occasion of the gift if you inscribe it, and if chosen well can be of lasting benefit to the recipient.

AND FINALLY

December 10, 2017

For those who love the philosophy of ambiguity: 1. Don't sweat the petty things and don't pet the sweaty things.  2. One tequila, two tequila, three tequila, floor. 

THINK AND GROW RICH

November 24, 2017

We are now back home from America where we attended the premiere of the film Think and Grow Rich: The Legacy, which I have written about previously in this newsletter.

THOUGHTS FROM AMERICA

November 24, 2017

In Australia, we tend to get the impression that America is a dangerous country in the midst of a sea of troubles, but the reality is different: this is the world’s biggest economy and it is booming. The freeways of Los Angeles are busier than ever, the restaurants and shopping malls are packed, and everywhere we went felt extremely safe.

BORROWING FOR SHARES?

November 23, 2017

Choosing a productive investment vehicle is difficult right now – bank deposit rates are under 2% per annum, property prices have reached unheard-of limits, and the amount that can be contributed to superannuation is now not only severely restricted, but also inaccessible till age 60. This takes us back to my favourite investment: shares.

WEBINAR

November 23, 2017

On Thursday 23 November I'll be speaking at nabtrade's borrowing to invest webinar.

FROM THE ARCHIVES

November 23, 2017

I was overwhelmed with accumulated work when I returned home from America, but fortunately remembered a great technique to get more out of the day. The moment I put it into practice again, everything went smoothly. And guess what – it was a technique I wrote about in one of these newsletters 14 years ago.

AND FINALLY

November 23, 2017

As a fan of that great TV Series Utopia I could relate to what follows!! The tribal wisdom of the Dakota Indians, passed on from generation to generation, says that; “When you discover that you are riding a dead horse, best strategy is to dismount". However, in government, more advanced strategies are often employed, such as:

19 SEP - INTRODUCTION

September 19, 2017

There is no future in any job. The future lies in the person who holds the job. GEORGE W CRANE Welcome to another newsletter. We'll start off by discussing mortgage stress which is in the news right now with increasing numbers of borrowers reporting trouble making their repayments. Furthermore, rates look like going up.

SNORING?

September 19, 2017

One of the greatest causes of friction between couples is one party snoring. It's been an issue in our marriage for years, especially after a dinner that included some good red wines. Just recently, a pharmacist friend showed me a device which he claims has fixed his snoring and which appears to have fixed mine.

FINANCIAL COUNSELLORS

September 19, 2017

Financial counselling is an option for consumers struggling with mortgage payments. It is a free service funded by state and federal governments, and is open to anyone who is struggling financially.

DOWNSIZING

September 19, 2017

Last May’s Budget contained a measure that would allow downsizing retirees to place up to $300,000 each in super irrespective of their ages and current super balance. In announcing the change, Treasurer Scott Morrison said, “the measure reduces a barrier to downsizing for older people … It may also enable more effective use of housing stock – freeing up larger homes for younger, growing families.”

TAKING A WALK

September 19, 2017

This was written by media expert Harold Mitchell in the Fairfax press last week. I think it is one of the best articles I have read in my life. Only sorry I didn't write it myself. Real estate is still booming despite the doomsayers and everyone's house, should they be lucky enough to have entered the market, is appreciating very well.

MARGARET LOMAS SAYS

September 19, 2017

The news is full of speculation about what might, or might not happen to the ‘property market’.  These days the media is such that reports of crashes or booms immediately seem to be taken as gospel and have an impact on buyer behavior – if the media says it’s true, it is, isn’t it?

AND FINALLY

September 19, 2017

Some thoughts... If you attempt to rob a bank you won't have any trouble with rent/food bills for the next 10 years, whether or not you are successful. Do twins ever realize that one of them is unplanned? What if my dog only brings back my ball because he thinks I like throwing it?

Noel News - Welcome to a new financial year

July 14, 2017

Welcome to a new financial year. While the sun rose on July 1 just like any day, it brought with it significant changes to the superannuation system. Sure, this year will present challenges and curve balls like any other, but I have long believed that if you control the things that you are able to, you should not need to worry too much about the things over which you have no control...

TRANSITION TO RETIREMENT PENSIONS

July 14, 2017

It’s decision time for anybody with a transition to retirement pension. Until 30 June  a key bonus has been that your super fund became a tax-free fund once the TTR commenced - from 1 July, the ability to have a tax-free pension fund in conjunction with a TTR has been taken away...

TWO GREAT APPS

July 14, 2017

Last Friday night Brisbane was blanketed by fog which caused havoc for airline passengers with most flights cancelled. Most passengers turned up at the airport because they were not aware of the problems and many had to sleep there. I fly a lot, and an app I could not do without is TripIt - it ...

NOEL SPEAKING IN PERTH

July 14, 2017

  Next Wednesday, July 19, I am doing a breakfast speech to the Perth Chamber of Commerce. Would love to see you there if you’re in the area. Just contact the chamber.

FOUR CORNERS AND AVEO

July 14, 2017

The recent Four Corners program on retirement villages in general, and Aveo in particular, scared a lot of people but in typical Four Corners fashion told only part of the story....

MARGARET LOMAS SAYS

July 14, 2017

While the proposed 2017 Federal budget stopped short of removing negative gearing for property investors, it did contain some surprising changes which no one really saw coming...

FROM THE DAILY STOIC - AND FINALLY

July 14, 2017

In the entertainment business, it's common to hear the announcements for big new projects by colleagues and competitors. It's true in sports and in Silicon Valley and many other industries too: So and so just raised _______. So and so just sold their next book for ______. So and so just negotiated a package worth ____...

INTRODUCTION - NOEL NEWS SUPER SPECIAL EDITION

June 14, 2017

I apologise for the delay between this newsletter and the last. Life has been hectic – we did a boat cruise from Barcelona to Dover, followed by a week in London and then rushed home in time for the Budget. I picked up ...

GETTING READY FOR THE NEW SUPER RULES

June 14, 2017

The end of the financial year is just two weeks away – this means time is running out for anyone who wants to optimise their superannuation before massive rule changes take effect on 1 July. The non-concessional contribution cap will drop from ...

MAKING PERSONAL CONTRIBUTIONS?

June 14, 2017

A welcome forthcoming change is the ability for all contributors to claim a tax deduction for concessional contributions, even if an employer is paying superannuation for them. This will not take effect until 1 July, so if you are thinking of contributing extra money to your super it may...

IMPORTANT MESSAGE FOR EMPLOYERS AND EMPLOYEES

June 14, 2017

For the contribution to count for this year, the funds must be received by your superannuation fund by midnight on 30 June, which just happens to fall on a Friday this year. But employers are required to pay the compulsory superannuation quarterly, not monthly. This means ...

LARGE SUPER BALANCE?

June 14, 2017

There is still much confusion among the wealthier members of our society regarding the $1.6 million limit on the amount that can be held in a tax-free pension fund after that date. The following question is typical of many I have been receiving. “Most of the assets in my self-managed super fund are...

FROM THE ARCHIVES AS GST LOOMED

June 14, 2017

19 June 2000 COUNTDOWN TO A NEW TAX SYSTEM It’s only 11 days to the much publicised change-over of our tax system and you may have noticed that the media coverage, as well as criticism by the Opposition, is becoming...

AND FINALLY

June 14, 2017

“This foreign policy stuff is a little frustrating.” ~ George W. Bush “Trees cause more pollution than automobiles.” ~ Ronald Reagan

THE HOUSING DEBATE

March 28, 2017

Housing affordability continues to make headlines with hints that the capital gains tax laws may be tightened. The Financial Review reported that Liberal politician John Alexander had confirmed plans were being made to change the laws in this area, but this was rebutted by Malcolm Turnbull. Alexander is then reported to have said they are “making plans to make plans” to change the laws. Sounds like Yes Minister...

SUPER AS A HOUSE DEPOSIT

March 28, 2017

To make matters worse some politicians are reviving the idea that first home buyers should be allowed to access part of their superannuation for a house deposit. Not only would it drive up house prices, the plan has two other major faults: it ignores the true cost of home ownership and it subverts the purpose of superannuation.

NOT ALWAYS UPWARD

March 28, 2017

In January 2003 a friend decided to buy an older unit in an inner city Brisbane area for $220,000. The location was perfect, and it has been rented ever since. By the beginning of 2016 its value had grown to $475,000, but by the end of that year its value had ...

FROM THE ARCHIVES - after the May 2002 Budget

March 28, 2017

From my newsletter Wednesday, 15 May 2002 The budget was a nothing and once again proved that the Liberals have no concept of superannuation. What follows is a media release from Barbara Smith from the Taxpayers Association which I think sums it up beautifully. “The budget has revealed the cynicism of our political masters and just what an ass our superannuation laws...

AND FINALLY

March 28, 2017

The last one is my favourite…. Philosophers of the Past Century The only reason they say " Women and children first" is to test the strength of the lifeboats. Jean Kerr When a man opens a car door for his wife, it's either a new car or a new wife. Prince Philip A computer once...

WELCOME TO 2017

January 24, 2017

It’s going to be another interesting year, but then aren’t they all! Already we are at the end of January – how are your New Year’s resolutions looking? Probably not too good if the latest research from Finder.com.au can be believed. According to them, a third of Australians will have broken their resolutions by the end of January and ...

CHANGE TO OUR NEWSLETTER

January 24, 2017

I am changing the format of the newsletter so that it better fulfils its job of educating its readers. To this end, all future additions will now feature a relevant piece of material from one of my earlier newsletters. Keep in mind that I have now...

FROM THE ARCHIVES

January 24, 2017

23 January 2000 QUOTE FOR THE NEW MILLENNIUM "... it ought to be remembered that there is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things...

LEARNING A CALCULATOR

January 24, 2017

Today’s calculator is the compound interest calculator. Compound interest is the foundation of all financial strategies. This is because the rate of return is the factor that has the most effect on how much interest you will pay back if you take out a loan, as well as the size your portfolio will grow to as you continue to invest in it, and therefore how long it will last once you start to spend it.

OUR NEW AGED CARE BOOK

January 24, 2017

Amongst the presents, the turkey and the tinsel this Christmas there were plenty of families who would have had conversations about care. If you are considering the options for yourself or a loved one, here are some of the key things to consider.

BOOKS THAT CHANGE LIVES

January 24, 2017

Thanks to all of you who ordered books as gifts for loved ones this Christmas. The feedback has been great, and I hope they bring lasting benefits to the recipients. Today I will to share an email that arrived this morning, which shows the power of using knowledge over the long term.

AND FINALLY

January 24, 2017

EATING IN THE FIFTIES Pasta was not eaten in Australia. Curry was a surname. A takeaway was a mathematical problem...

Final Noel News of 2016!

December 21, 2016

Welcome to the end of another year. It’s been a momentous one with Brexit, increasing terrorism in Europe, and the election of Donald Trump making headlines. It’s also been a year when Australians have finally woken up to the dangers of too much debt. For years I have been one of the few voices warning of the dangerous road to debt but most so-called experts have...

HOUSING AFFORDABILITY

December 21, 2016

This week the Coalition committee enquiring into housing affordability came up with the conclusion that nothing could be done. That was stating the obvious – a bigger question is why did...

SAVING ON PETROL

December 21, 2016

We all know how petrol prices fluctuate and how often the prices are down when you don't need petrol, but skyrocket just before the tank hits the empty mark. Take control by downloading my new best friend, the 7-Eleven Fuel app. Once you have it, you can...

THE GIFT OF KNOWLEDGE

December 21, 2016

There has never been a more important time to be well informed. The problem is that serious investors are most unlikely to get the information they need from the daily papers for the 6 o’clock television news. Last month when I was at the ASFA conference at the Gold Coast I had the pleasure of...

HEALTH MATTERS

December 21, 2016

In my March newsletter I referred to a new book The Telomerase Revolution which talked of new research showing how humans can lead longer healthier lives. I have long been a fan of ...

AND FINALLY

December 21, 2016

Thought you may enjoy this in these days of increasing political correctness. It purports to be a memo written from Santa’s office. Please be advised that all employees planning to dash through the snow in a one-horse open sleigh, going over the fields and laughing all the way are required to undergo a Risk Assessment addressing the safety of...

Noel News 7 December 2016

December 8, 2016

30 years ago I wrote Making Money Made Simple to motivate and help people take control of their financial destiny...

Testimonials

December 6, 2016

Almost 30 years ago I released Making Money Made Simple which has sold over 2 million copies, and changed the lives of many people who read it. This was followed by a succession of other books all written with the aim of helping people to realise their potential. Now, at the age of 76, one of the greatest pleasures I have is receiving emails which come almost every week telling me that one of my books has changed a life. The two below are typical. They have been abridged for easier reading.

Noel News 25 Oct

October 25, 2016

Think twice before you speak, because your words and influence will plant the seed of either success or failure in the mind of another. NAPOLEON HILL

THE CHANGING WORLD

October 25, 2016

The world of investment gets more complicated by the day, which is why I was thrilled to accept an invitation to attend the Walter Scott conference in Edinburgh, Scotland earlier this month. Walter Scott is a long-established and highly ...

THINK AND GROW RICH

October 25, 2016

First, a big thank you to all of you who supported the Think and Grow Rich crowdfunding project. They have now raised over $140,000 with more funds rolling in, and the film is looking magnificent. It's amazing ...

SHINGLES

October 25, 2016

I well remember the 2008 investment conference of Walter Scott in Edinburgh because I got a dose of the shingles. It started with a frightful headache, and then I ended up at the eye doctor as it spread to my eye. Since then many of my friends have suffered this dreadful affliction but I'm delighted to let you know it can now be prevented with a simple vaccination that costs around $200.

AND FINALLY

October 25, 2016

The following are called paraprosdokians. Paraprosdokian is a derivative of a Greek word, which means beyond expectation. A paraprosdokian is a figure of speech in which the latter part of a sentence is unexpected and oft times very humorous: If I had a dollar for every girl that found me unattractive, they'd eventually find me very attractive.

Think and Grow Rich

October 19, 2016

Good morning, One of the most profound turning points in my life occurred in 1974 when I read Think and Grow Rich. Despite the Napoleon Hill classic having been first published some 50 years’ prior, the lessons of success and stories of achievement against adversity transcended the pages and hit me like...

NOEL NEWS 13 SEP

September 16, 2016

Good morning – it's been a while since my last newsletter but I having spending time in California trying to get a grasp on the American financial scene, as well as celebrating the 75th birthday of fund manager Don Gimbel. Gimbel, a senior executive with Chicago-based fund managers Geneva Advisors, has spent more than 50 years managing money for high net worth individuals and is a...

STATE OF THE NATION

September 16, 2016

The proposed superannuation changes are still dominating Parliament. This week they brought part of the legislation to the table but I understand that the parts of it that relate to the $1.6 million limit per person in pension mode, and the lifetime limit of $500,000 in non-concessional contributions are still...

SHOULD RETIREES BE IN SUPER

September 16, 2016

Recently Channel 7 news had a section on choosing the best superannuation fund – it included a snippet from yours truly pointing out that for many retirees superannuation is not a good option. This produced a barrage of queries about why somebody who had been advocating superannuation for more than three decades has suddenly...

And Finally

September 16, 2016

How does Moses make tea? Hebrews it. Venison for dinner again? Oh deer!

BREXIT

July 1, 2016

Welcome to our last newsletter for the current financial year – and we can certainly say the year is going out with a bang. Not only do we have an election just two days into the new financial year, we have also just been subjected to the shock of Brexit. Having spent most ...

BEGINNERS GUIDE TO WEALTH

July 1, 2016

In 2010 my son James and I co-authored The Beginner's Guide to Wealth to help young people face the future with more confidence, skills and resources than they ever thought possible. It focused on how to form good habits, create a positive mental attitude, define ...

SUPERANNUATION

July 1, 2016

Superannuation is becoming one of Australia's major assets, with total balances now well in excess of $2 trillion and expected to rise to over $5 trillion in 10 years. Given these undeniable facts it's surprising that the major parties have not spent more time ...

NEGATIVE GEARING

July 1, 2016

I am still amazed by Labor’s policy of restricting negative gearing to new homes – it simply won't work. It will push unsophisticated investors into new property where the profit has already been made by the developer, leaving the established market wide open for...

VOTING!

July 1, 2016

In my many years I have come to a conclusion that one useless man is a shame, two is a law firm and three or more is a government. John Adams If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed. Mark Twain Suppose you were ...

SUPERANNUATION AND THE BUDGET

June 1, 2016

Just ten years ago, Treasurer Peter Costello made substantial reforms that were supposed to set superannuation in place as the cornerstone of our retirement savings in Australia. Who would have thought then that ...

THE GOOD NEWS

June 1, 2016

There are two particularly attractive measures in this budget. The first is that people who are working, and who make personal concessional superannuation contributions will be able to claim a tax deduction for those contributions even if the employer is making contributions too. Under the ...

SOME COMMON QUESTIONS

June 1, 2016

Q If I have made more than $500,000 of non-concessional contributions before the Budget, do I need to withdraw them. A No. But, you will not be able to make any further non-concessional contributions if the coalition wins the forthcoming election and the ...

WATCH THE INTERVIEW

June 1, 2016

Yesterday I live-streamed a segment on the “Money@60 Live” program. This is a regular program designed to serve the financial needs of the over 60’s that reaches their audience of over a million Australian and New Zealand over 60s online at startsat60.com via their facebook page www.facebook.com/startsat60.

REPORT FROM LONDON

June 1, 2016

We spent a week in London before leaving for our cruise and it remains one of the most vibrant and exciting cities in the world. As we all know the papers are full of doom and gloom but you wouldn't...

INTEREST RATES

June 1, 2016

At its last meeting the Reserve Bank dropped rates to 1.75% due mainly to lower than expected inflation figures. Yes, these are historical lows but make no mistake the

STATE OF THE NATION

March 16, 2016

I must admit I have become totally disillusioned with the goings-on in Canberra. A letter in yesterday’s Australian by one Terry Birchley of Bundaberg summed up my feelings perfectly. “Having concluded ...

NEGATIVE GEARING

March 16, 2016

My article in last weekend's Sun Herald on negative gearing resulted in a flood of emails, many of which supported me, and many which did not. That's fine – a debate is always good – but it's also important to put the facts out there.

HEALTH MATTERS

March 16, 2016

The headline on the front page of the weekend Financial Review of February 27 was irresistible: "The race to beat ageing – it's not a matter of if but when." The article featured a new book The...

A QUIZ FOR UNDERGRADUATES

March 16, 2016

This week I had the privilege of giving a one-hour presentation to undergraduate students of QUT on how to become wealthy. I started with a quiz to test their level of knowledge – it's below, so please have a go for yourself.

AND FINALLY (these came from a Democrat)

March 16, 2016

Here is a list of some of the dumbest comments Republicans have ever made.

Food for thought...

February 11, 2016

Food for thought: the world’s largest taxi company, Uber, has no vehicles; the world’s largest accommodation company, Airbnb, has no properties; and the world’s largest social networking company, Facebook, creates no content.

THE TAX DEBATE RAGES

February 11, 2016

As I foreshadowed, the road to tax reform will be a bumpy and difficult one. Prime Minister Malcolm Turnbull has already backed off on increasing the GST, and now the media are throwing around ideas about attacking negative gearing, and raising the tax on contributions to...

RETIREMENT LIVING SEMINAR

February 11, 2016

Possibly the biggest decision a person faces when it comes to retirement planning is: “Where will I live?” For many retirees the answer is a retirement community, where they can enjoy the facilities without the maintenance, socialise and have care on hand if needed. Retirement communities come...

TRAVEL TIPS

February 11, 2016

We have just returned from a week in New Zealand, and for the first time ever I managed to use my 28° MasterCard all the time, which meant there was no need to withdraw or hold New Zealand cash. This saved me the problems of carrying cash or paying a fee to withdraw cash. The only slight hitch...

GREAT READ IF YOU FOLLOW POLITICS

February 11, 2016

I love politics, which is why I am eagerly reading a new book, Credlin & Co, by Aaron Patrick – sub-titled How the Abbott government destroyed itself. In the context of the present battles between the parties, it provides some fantastic background knowledge. For example, I wonder how...

AND FINALLY

February 11, 2016

I just love it when the people speak: the following letter was sent to me by a subscriber in response to a renewal notice for life insurance from AMP. I think it's a classic.

AND FINALLY – SOME THOUGHTS ON DOGS

January 19, 2016

One of the oldest human needs is having someone wonder where you are when you don’t come home at night. Margaret Meade No matter how little money and how few possessions you own, ...

RAISING CONTRIBUTIONS TAX

January 19, 2016

In August 1996 Prime Minister John Howard introduced a superannuation surcharge which meant that higher income earners paid a surcharge on their superannuation contributions. It was an absolute nightmare and cost more to administer than it raised! We are back in this territory again, with proposals to tax a person's superannuation contributions at...

NEGATIVE GEARING

January 19, 2016

There has been talk for many years about limiting negative gearing. Paul Keating tried it in 1985 and repealed it two years later and, to be fair, what he proposed was not too onerous. His idea was that net losses from a property could...

TAX REFORM!!

January 19, 2016

The tax reform debate continues to grab media attention. On Monday last week the chairman of AMP, Peter Mason, came out with the astounding statement that it was time to consider capital gains tax on the family home. This was followed by headlines in the Weekend Australian claiming the government was considering...

HOLD TIGHT

January 19, 2016

It's been a turbulent start to 2016 with share markets crashing all over the world. It was a major topic of conversation at a recent dinner party I attended, with one guest summing up the mood of many others by declaring: “We like to sleep at night – that’s why we don’t have any shares”. On the face of it, it’s a reasonable attitude given the present parlous state of the markets, but...

AND FINALLY

December 15, 2015

Christmas brought up to date for the politically correct.

SELF MANAGED SUPER FUND SEMINAR

December 15, 2015

My first speaking engagement of the New Year will be for Ellis Law, who are based on the Gold Coast. Shane Ellis is hosting a seminar called ‘Sun, Surf & the Great Eight on SMSFs’ on Friday 15 and Saturday 16 January in Surfers Paradise. Sessions will run from 10.00am until 3.30pm on both days.

GLOBAL WARMING

December 15, 2015

There has been a lot of hype in the media about the Paris Climate Summit, where more than 40,000 people emitted tonnes of carbon dioxide as they got together to try to change the world. As Bjorn Lomborg pointed out in his column in last Saturday’s Australian, the money that has been committed could have been...

THE GIFT OF PAIN

December 15, 2015

nn2 Years ago I read a wonderful book, The Gift of Pain by Philip Yancey. The central thesis of the book is that pain is a gift because it is a warning signal which alerts us to the need to take action before a situation gets worse. I found this concept particularly useful when I owned my business, because...

DON’T LET THE MEDIA SPOOK YOU

December 15, 2015

As we know the media thrives on bad news, and right now there is plenty of it about. The ASX has had a bad year, commodity prices are tumbling, and Australia’s budgetary position appears to be going from bad to worse. At the time of writing the Mid Year Economic and Fiscal Outlook was projecting a $37.4 billion deficit for this financial year – $2.3 billion worse than predicted last May. While all this makes for...

AND FINALLY

December 4, 2015

I’ve been fascinated by what’s happening in Syria, but have to admit it’s extremely complex and hard to understand. However, I thought the sentiments below, albeit tongue in cheek, might help. They were sent to me by a reader.

AN EASY 2% DISCOUNT

December 4, 2015

One of the best kept secrets is the ING Direct Visa Debit card, which I have been using for years. As long as you deposit at least $1000 every month, you can withdraw money from any bank operated ATM in Australia for no fee,

WATCH THE FINE PRINT

December 4, 2015

Was having a chat to a wealthy retired friend the other day who was telling me he just copped a bill of $2500 to replace the windscreen in his Lexus because it was hit by a stone from a passing car.

WE HAVE LISTENED AND ACTED

December 4, 2015

Thanks for the overwhelming support you have given to the launch of my new book. Orders have been pouring in, but as usually happens when anything new is tried, some anomalies have developed.

SUPERANNUATION CHANGES?

December 4, 2015

For the last six months, the papers have been flagging changes to superannuation. Most of the comments have been sheer speculation, and this includes the latest interpretations about the speech by...

THE GREAT TAX DEBATE

November 26, 2015

As I mentioned in my last newsletter, the debate about changing Australia’s tax system is getting plenty of press, but I think Prime Minister Turnbull has got a very tough task ahead of him if he believes he can radically change our tax system.

25 Years of Whitt and Wisdom

November 26, 2015

This is a very special day, because it marks the launch of my latest book – 25 Years of Whitt & Wisdom. Let me tell you how the project took shape.

WHAT A RIP-OFF

November 3, 2015

I was in Cairns last week to address the Chamber of Commerce luncheon, and was so touched by the number of people who came to me and told me how my books had changed their lives.

AND FINALLY 20 THINGS YOU DIDN’T KNOW ABOUT MALCOLM TURNBULL

November 2, 2015

Some years ago he nearly became a novelist. He tried to finish a novel started by his late mother, Coral Lansbury, called Opium.

HOW TO COMPLAIN EFFECTIVELY

November 2, 2015

Don’t you hate it when you call a 1300 number and are left on hold for what seems like an eternity after pressing various buttons that seldom take you where you want to go?

TAX REFORM

November 2, 2015

Tax reform is all over the news again, with the weekend papers claiming Prime Minister Turnbull will raise the GST to 15%, and possibly extend it to all items, in exchange for substantial tax cuts.

AND FINALLY (MORE WEASEL WORDS)

September 30, 2015

In the US we have the ever eloquent “where are we at?” So far, I haven't noticed the UK's “at the end of the day”, thank heavens for small mercies...

SENIORS EVENT IN MELBOURNE NEXT WEEK

September 30, 2015

The Senior newspaper is presenting a forum entitled “Your Money, Your Rights, Your Care” on Wednesday October 7 as part of Victorian Senior Week celebrations.

PRODUCT OF THE MONTH – OUR NEW BOOK

September 30, 2015

You may have seen the ABC 7.30 report recently talking about retirement villages, and the confusion about what moving into and leaving one can cost. It’s an all too common story - years after the...

TRAVEL JOTTINGS

September 30, 2015

It’s been six weeks since the last newsletter and I’ve been busy travelling. First it was a boat cruise on the Orion from Broome to Bali, where we had the unique experience of being in the...

MARKET TURBULENCE

September 30, 2015

The last few weeks in global markets have been horrendous. In the month of August the Dow was down 7%, Europe down 7%, the UK 8%, Hong Kong 12%, and Australia 12%.

AND FINALLY (WEASEL WORDS)

August 10, 2015

“Going forward” is only half the phrase that gets up my nose - all politicians seem to use the phrase go forward together. “We must…..we shall…..let us now…..go forward together”. It gives me a terrible...

PRODUCT OF THE MONTH

August 10, 2015

Financial literacy is one of the greatest assets you can have, and my books and other resources make it easy and cheap to obtain. This month, let’s focus on Making Money Made Simple in audio...

TRAVEL JOTTINGS

August 10, 2015

I’ve been extolling the virtues of the 28 Degrees MasterCard for years, and now have further proof of its value. When we checked out of the Marriott Hotel on the big island in Hawaii, we had a bill of...

SAVING MONEY ON CURRENCY TRANSFERS

August 10, 2015

A lot of my friends, like me, have children overseas and there is a need to remit money to them occasionally. I used to do it through my bank but this was a tortuous process which involved phoning the bank...

CALCULATORS

August 10, 2015

I’ve been working flat out to try and get some useful and unique resources on my website. I’m delighted to announce that we have a new calculator called the Retirement Drawdown Calculator...

HOW MUCH DO YOU NEED TO RETIRE?

August 10, 2015

Do you really need a million dollars to retire? It’s the question that has been dominating the media all week since a fund manager grabbed the headlines by putting out a press release claiming that a person could retire quite...

SELF MANAGED SUPER FUNDS AND PROPERTIES

July 15, 2015

I have long advocated that property be kept outside superannuation, because I think it’s less complex to have it that way and also more tax effective to be borrowing in the...

TRAVEL JOTTINGS

July 15, 2015

For the last two weeks my wife and I, and most of our family, have been enjoying the warmth and beauty of Hawaii. After spending four days on...

MAKING MONEY MADE SIMPLE

July 15, 2015

It’s now 28 years since this book was first published, and it is still a big seller. I always feel privileged when I receive emails and letters from people telling me the book has changed their lives. A brand new edition has just...

WORLD EVENTS

July 15, 2015

It’s an exciting time in world financial circles. The American government is giving strong signals that interest rates there might rise before the end of the year, which means the American dollar will get even stronger against the Australian dollar. This is good news if you’ve got unhedged investments in...

AND FINALLY (OUT OF THE MOUTHS OF BABES)

July 15, 2015

NUDITY I was driving with my three young children one warm summer evening when a woman in the convertible ahead of us stood up and waved. She was stark naked! As I ...

LABOR SUPER ATTACK

May 12, 2015

The big news in super right now is the proposal by Opposition Leader Bill Shorten to hit thousands of self funded retirees with a new tax on super – the implications of which have obviously never occurred to anybody in the Labor Party. Unfortunately, dreaming up impractical ideas to hit superannuants is ...

THE AGE PENSION

May 12, 2015

Australia has one of the most generous superannuation systems on the planet; there is just one problem – it’s unsustainable. Under the current rules, a couple can have up to $1,151,500 of assets, plus a family home of unlimited value, before losing ...

SELF MANAGED FUNDS

May 12, 2015

A special target has been self managed funds, with sensational headlines about all the millionaires who are holding large sums in super. As the chart below shows, there are 545,000 SMSFs currently operating, and 479,600 of these – that’s 88% - have balances of less than $2 million. And think again if ...

BUDGET EVE

May 12, 2015

I don’t normally put out a newsletter the day of the Budget, but am pressed for time this week as I’ll soon be leaving for a week-long speaking tour of North Queensland - in any event it would seem that the contents of the Budget have been mostly leaked.

TAXING TIMES

April 14, 2015

Those who don't know history are doomed to repeat it.” These words, from statesman Edmund Burke, came to mind when I read all the latest argy-bargy about possible changes to our tax system. In April 2008 the Rudd government held a national think tank called the Australian 2020 Summit. One of its major recommendations was ...

THE PRESSURE CONTINUES

April 14, 2015

I have been travelling for the last five weeks, but thanks to PressReader have been kept abreast of everything that is happening in the financial world in Australia. The big news was the release of the Intergenerational Report, which was of particular interest to me because ...

CUSTOMER SERVICE

January 20, 2015

Technology has revolutionised payment for goods and services. Forty years ago, Bankcard was introduced to great fanfare, and we were bowled over by the convenience it offered. Today we have contactless payments such as PayWave offered by Visa, and PayPass offered by MasterCard, and even hints from Apple that we will soon be able to pay with our mobile phone. And consumers are taking to it in droves – today over 50% of ...

THE GUARANTEED SECRET OF WEALTH

January 20, 2015

Welcome to 2015. The year so far has been characterised by a litany of bad news. Terrorism is in the headlines, commodity prices are falling, and governments all over the world are having increasing trouble balancing their budgets. Depressing as that may be, it’s still important to keep your own goals in mind and not let yourself be side-tracked by extraneous matters over which you have little control. For starters keep in mind that...

FoFA

December 2, 2014

FoFA stands for the Future of Financial Advice, although I think a better term should be Failure of Financial Advice. For starters keep in mind that financial loss is nothing new. In fact, Edinburgh in Scotland has a Library of Mistakes which contains more than 6000 volumes that chronicle a whole litany of financial misfortunes. There is even a...

FoFA is not in anyone’s best interests now

November 28, 2014

In 2006 Westpoint, a mortgage trust offering returns of 12% per annum, went belly up leaving their investors with nothing. In 2008 Opes Prime collapsed, resulting in further losses, followed a few months later by the demise of Townsville-based Storm Financial which caused thousands of Australians to lose their life savings. Subsequent

MAKING MONEY MADE SIMPLE IN AUDIO

October 27, 2014

We are making progress! First, thanks to those of you who responded about the choice between CDs and iTunes. Your feedback has been most useful,...

THE WHITLAM YEARS

October 27, 2014

It’s almost 40 years since the dismissal of the Whitlam government. In the last few days much has been written about the accomplishments and the failures of that government, yet only we...

A UNIQUE OPPORTUNITY

October 27, 2014

On Friday 7 November, I’ll be joining superannuation guru Monica Rule for the seminar she is giving in Sydney. You couldn’t find a better...

TAX REFORM BACK ON THE AGENDA

October 27, 2014

Both The Australian and the Financial Review today have flagged tax reform on their front pages. As I have said many times, the present system is...

SOME OF THE LESSONS I'VE LEARNED

October 26, 2014

From the Dick Strong’s January Symposium in Vail. Here are some of the lessons I have learned in my first 80 years. I hope to continue to practice them in the next 80.

A DEBITS TAX

September 23, 2014

For thousands of years, governments have used all their creative ability to think up new ways to tax the people. Recently, a subscriber asked me if I had heard of the debits tax and would I comment on it if I had.

UBER IN SYDNEY

September 23, 2014

In my last newsletter, I introduced you to Uber. Recently I used it in Sydney, where the operation is very different to Brisbane. In Sydney, the Uber app gives you...

MAKING MONEY MADE SIMPLE IN AUDIO

September 23, 2014

After many false starts, we have finally got the audio edition of Making Money Made Simple about to go to market. It’s come up beautifully, with...

IT'S TIME AND RATE THAT MATTERS!!!

September 23, 2014

The main purpose of starting this newsletter over 20 years ago was to correct the myths that are often put about by the media. And never has it been more needed

STORIES

August 26, 2014

The following stories have wonderful shades of emotions. These are based on true incidents, both wonderful and inspirational.

SPEAKING ENGAGEMENTS COMING UP

August 26, 2014

It’s a busy week next week with two speaking engagements - would love to see you if you can make it.

UBER - POWER TO THE PEOPLE

August 26, 2014

A classic example of the shift of power to the people is Uber. This is a German based company that enables people to make use of their private car as a taxi service. My...

QUOTE OF THE YEAR

August 26, 2014

Talking about Twitter, last week I tweeted the interview with former News Ltd CEO Kim Williams - it was

THE VALUE OF EDUCATION

August 26, 2014

In my last newsletter, I quoted from Warren Buffett’s partner Charlie Munger, aged 90, who said he always liked to go to bed a bit smarter than when he woke up. When I started...

THE DAILY NEWS

August 19, 2014

One of my favourite times of the day is early morning when I’m reading the daily papers over a cup of tea. It’s usually the time I send off the most tweets, which I...

OUR NEW AGED CARE BOOK - PUBLISHED

August 19, 2014

When most people hear the words ‘Aged Care’ they think ‘Nursing Home’. This is normally quickly followed by the words “Not Me!”. Aged care decisions, whether they are for yourself or a loved one, are complex, and the choices people face are far more diverse...

SPEAKING ENGAGEMENT COMING UP

August 19, 2014

On Thursday week, August 28, Rachel Lane and I will be guest speakers at the Mark Moran Vaucluse - Speaker Series, which will be discussing a new model of retirement living planned for Vaucluse in Sydney.

THE STATE OF THE NATION

August 19, 2014

In my last newsletter, I spoke of Australia’s growing debt and the effect it would have on future generations. This resulted in a lot of feedback, both positive and negative - I was even accused of being

Profile: Noel Whittaker

January 26, 2014

from The Sydney Morning Herald