by Nick Rainsford | 11 Nov 2015 | Business, General, Investments
A few weeks ago, I wrote an article entitled Picking Winners. It has since been pointed out to me by a few readers that the opposite is in fact true in banking. That is, banks look into a crystal ball and through the eyes of their credit management try and pick the...
by Nick Rainsford | 8 Nov 2015 | General
I love cars. I love reading about them, I used to tinker with them and I love how far they’ve advanced in my lifetime. For all the talk of advancement in cars with an internal combustion engine, the biggest advancement in the last 40 years has been to pretend that the...
by Nick Rainsford | 1 Nov 2015 | Business, General, Home loans, Investments, SMSF, Uncategorized
By the end of last week all four of Australia’s major banks had raised or were going to raise rates on housing finance. They were joined by – what was once – Australia’s largest investment bank. The rate rises are as follows: BankRate Increase ANZ0.18% CBA0.15%...
by Nick Rainsford | 1 Nov 2015 | Business, General, Investments, SMSF
As we head into Melbourne Cup week when we all hope to be picking winners – traditionally the end of the year and the beginning of the festive season – I thought it would be worth reflecting on the businesses that could have been if governments had decided to pick...
by Nick Rainsford | 18 Oct 2015 | General
When I was a humble bank employee (around six months ago), I practiced the politically correct rules that an employee of a bank must if he is to survive in the 21st century. As politically incorrect rules didn’t exist. Whilst rules made me follow a code of...
