Imagine a scenario where you went to the store and came across a machine that was able to produce income worth tens of thousands of dollars for 50+ years, how much do you think something like that would cost? Well in this hypothetical scenario you get one for free!
The current volatility we’re witnessing in equity markets both locally and globally is nothing new, but does come after a very long period of largely uninterrupted growth with the lowest levels of volatility on record.
Life seems to be getting busier, the important things get pushed aside for ‘another day’, and our priorities shift in ways they shouldn’t.
In life, there are circumstances beyond our control that can unfortunately happen. Our lives can change in an instant and for many of us we think “but that won’t happen to me”…the harsh reality is, that it can, and it does.
Sir Richard Branson lives by the credo of “Put your staff first, your customers second and your shareholders third.” Like everything Branson, an interesting proposition, but what, how and when?
I believe that team and customer cultures are set by the business founders and slowly evolved by each generation.
The Supercars event came with great expectation, and from all reports, Newcastle well and truly delivered! This was highlighted by nearly 200,000 people attending the event over the 3 days.
• The RBA remains upbeat on growth for the Australian economy but recently downgraded its inflation forecasts such that it expects to undershoot the bottom of its inflation target band for the next 4 years.
One of the best pieces of advice I have received is “If nothing changes, nothing changes”. If businesses become complacent and just continue to do what they did yesterday, it is only a matter of time before they lose their competitive edge, technology takes over, or they just simply become complacent.
