Super a bigger asset than housing for most by 2029

Superannuation is set become the average Australian’s greatest asset in just over a decade, overtaking the family home for the first time.  Over the past decade or so average super balances have grown by 56 per cent and home wealth by 27 per cent, according to the Household, Income and Labour Dynamics in Australia (HILDA) survey. HILDA deputy director…

Brexit shock a force for EU structural reform

By Steve Blizard   9 July 2016 In a historic “Brexit” vote which has ended months of speculation, the UK electorate has voted to leave the European Union (EU).  While the speculation may have ended, the uncertainty has not. Immediately following the referendum, it’s as if a reset button has been pressed on UK politics,…

A window into a Bitcoin mining hub

China’s secret Bitcoin mine Mining digital gold by Lisa Murray  7 July 2016   Australian Financial Review In a bamboo hut at a restaurant in the middle of China’s Sichuan province an unlikely industry gathering is taking place. A large sunken pot of spicy broth is bubbling away on the table which is cluttered with…