The recession we are yet to have!

Figures released last week showing that Australia wasn’t in a recession took me by surprise. Maybe it was that $900 cheque from the Ruddbank that helped save the day? I think not! Maybe it was those statisticians playing with the parameters around how they calculate GDP (they have been playing with the CPI basket of…

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Dear Reserve Bank of Australia

Dear RBA Governor Glenn Stevens, Your decision to maintain interest rates at 3.25% when the whole world is going into an economic free fall tells me that either you either have access to information that no other Australian has (including other Reserve Banks from around the world) or that you have spent a little too…

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TheScene.com.au is back

Hi everyone, Hope you all had a great XMAS. I bought TheScene.com.au when I was CEO at destra corp a couple of years ago. TheScene.com.au was a leading website targeting Gen Y with a focus on Music, Fashion and Lifestyle. As you may know, destra went into VA about a month ago and yesterday we…

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Back in Business with a fund

Welcome everyone, It’s always been a dream to of mine to launch an investment fund focused on high growth Internet companies. Finally with the help of some great people, we have taken over the Future Capital Development Fund (see press article). Our core focus will be to invest some “smart money” into smartly operated Internet…

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