A self-made millionaire who retired at 30 says budgeting is as bad as dieting

“Budgeting is a lot like dieting: the more guilt you feel, the less likely you are to stick with it,” Sabatier wrote. “You think, ‘Well I’ve blown it,’ or ‘This isn’t working,’ and give up. Or eventually you start to feel deprived, like you have to cut back on every indulgence in order to stick …

GWA Group profit rises on back of group earnings and lower net interest expense

Email Alerts for: ASX:GWA Manufacturer and distributor of building and household fittings, GWA Group (ASX:GWA) has announced its half year results for financial year 2019 with net profit, earnings and revenue all higher on a year on year basis. Net profit rose 7.3 per cent to 26.6 million. Revenue strengthened over …

AMP flags earnings impact from superannuation bill

Business Banking & finance Superannuation AMP, Australia’s biggest wealth manager, said on Monday its operating earnings would face a hit based on its assessment of the government’s bill to protect customers’ investments in superannuation funds. AMP said its earnings impact in financial year 2019 would be about $10 million, while it expected an annualised impact …

68030 Shares in ASML Holding NV (ASML) Acquired by Sumitomo Mitsui Asset

Sumitomo Mitsui Asset Management Company LTD bought a new stake in shares of ASML Holding NV (NASDAQ:ASML) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 68,030 shares of the semiconductor company’s stock, valued at approximately $10,586,000. Other institutional investors and hedge funds also …

Billionaire property developer Huang Xiangmo gets front-page local support

Staff Reporter | 17 February 2019 Two Australian Chinese-language papers devoted their weekend front pages to an open letter backing exiled billionaire property developer Huang Xiangmo, whose permanent residency was cancelled for reasons including character grounds in early February. It says the Morrison government’s decision to cancel Mr Huang’s residency was outrageous and calls …

ARIA reveals its most diverse board with four new directors

The Australian Recording Industry Association (ARIA) this morning unveiled the most diverse board in its history with the addition of four new directors. They are: Libby Blakey, business affair director at Warner Music Australia Karen Don, senior vice president, legal and business affairs, Australia and New Zealand at Universal Music Australia Sophie McArthur, general manager, …