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Michael Cornips

Retail sales beware: Annual change in GST receipts turn negative

Finance.gov.au released components of taxation revenue for the month of October 2019. Combining these figures into a time series dating…

7 years ago

This is not fine… Growing the economy using debt is creating a bigger problem

Let’s face it – Australia is a debt junkie. Australia has zero chance of growing the economy (ie increasing GDP)…

7 years ago

This is what a balanced Federal budget looks like

Last week the Treasurer, Josh Frydenberg, revealed that the 2018 – 19 budget showed a deficit of only $690m. The…

7 years ago

The Re-Invention of Lying – Reverse Factoring

Traditional factoring is when a company wants to borrow against receivables, ie money owed to them for supplying a product…

7 years ago