Apparently, a nine-person working group set up by Treasurer Wayne Swan after the recent tax summit, has come up with this corporate tax gem – the “Allowance for Corporate Equity”.
December 7th, 2011 | Dan Denning | 3 comments | ContinuedAll Posts Tagged With: "equity"
House as Bank
It’s a given that increases in household wealth support higher consumer spending. For one, when people see their share portfolios or housing investments go up, they are, in fact, richer on paper. This may give them more disposable income to actually spend. Or maybe they just feel richer and spend more freely (the wealth effect).But one thing we recall seeing at the peak of the U.S. housing bubble is a massive increase in borrowing against home equity.
August 5th, 2010 | Dan Denning | 10 comments | Continued
Mojitos For the Long Run
Here we are in the second half of the calendar year. And the last three years give you absolutely no clue about what to expect. Today’s Daily Reckoning endeavours (to persevere) and to determine the future of corporate cash flows and the equity risk premium in emerging markets. But let’s start closer to home with a brief history of the last three second halves of the calendar year. In the second half of 2007 – for the six months between June 1st and January 1st.
August 3rd, 2010 | Dan Denning | 51 comments | Continued
A Loss is Not a Loss if You Turn Debt into Equity
The yoke of debt may have felt light until now. But the lash of higher rates on the back will definitely be noticeable. Let’s just hope it doesn’t break the financial back of a whole generation of home buyers, although this is what we fear “bringing forward demand” will do.
March 24th, 2010 | Dan Denning | 15 comments | Continued
The Failed Intervention: A Morality Play in Three Parts
LS (Unwitting Speculator #1) is closing on a house the following day. Mere hours stand between her and the single biggest financial transaction of her young life. Can those stalwart pessimists (Renters #1, #2 and #3) lash her to the mast in time to save her from the Siren’s tantalizing tune? We shall see, dear reader… below…
April 20th, 2009 | Addison Wiggin | 0 comments | Continued
