Housing Supply Truths

In the early nineties, when thin-rimmed glasses were making a comeback, property tycoon Harry Triguboff was making some eye-popping purchases. The founder of Meriton apartments began purchasing rundown petrol stations and industrial wasteland next to noisy freeways. His magnate mates thought he’d lost his marbles, but Triguboff saw things differently. The real estate billionaire, who …

What Happened to CBA?

In the past 12 months, CBA’s share price has climbed from $127 to $191 — a 50% gain. Impressive, right? And you’re probably thinking… “I should’ve bought some.” Not so fast, tiger. According to Morningstar — one of Australia’s most respected research houses — CBA’s fair value is closer to $90. That suggests it’s trading …

The Easter I’ll Never Forget

“Join me for lunch”, he said It’s the week leading up to Easter 2014 and I’m sitting in the Loaves and Fishes Restaurant in Ashfield, Sydney. If you don’t know it, it’s run by the Exodus Foundation and feeds approximately 1,400 homeless people per day. And right now, I’m sitting amongst three hundred of them. For many, it’s …

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