Michael O'Hara

Michael O'Hara is a Financial Planner operating out of a boutique advisory service in Perth, Western Australia.

Common sense is not so common – Timbercorp/ Great Southern

Share

The demise of Timbercorp and Great Southern has highlighted the difficulties of running an investor-focussed regulatory environment in a capitalist based system. For once, i will be brief. The agricultural projects operated by Timbercorp and Great Southern on behalf of grower-investors are presided over by a “RE”, or Responsible Entity. It is the job of…

Share

Bias in action

Share

Having just spent a bit of time setting out the relative aspects of bias that exist in the Financial Planning industry, i thought it relevant to highlight just how prevalent and deeply ingrained this tendency for bias is. Please bear in mind that i am not making a value judgement here – bias will always…

Share

Yin and Yang and Federal Budgets

Share

Sometimes it seems that the Federal Budget could be improved through a strong dose of Taoist thinking. Here is my logic… The budget is supposedly one of those things that involves balance. That is, Government receipts are balanced with Government expenditure. The Budget updates in May are a time where past income/expenses are published and proposed…

Share

Pidgin Economics

Share

“pidgin strives to be a simple and effective form of communication” and i like simple… With the massive stimulatory efforts of Governments and central banks throughout the world, mainstream media is starting to use once-fantasy-world terms with a flippancy that does little to portray the intensity of what it being done. For example, if the…

Share

Biased or not?

Share

Quite possibly THE singularly most important issue that can be dealt with when considering money. This is likely to be a rather lengthy and ongoing discussion, so go make a coffee (or tea or whichever version of calmative you prefer), lean back and open your mind just that extra little bit. There are more issues…

Share

The word “independent”

Share

This is a very special word in the area of financial services. At least, it is legislatively important in Australia and a good starting point when you begin to consider money, advice and how they interact. Let’s get technical for just a moment… In Australia, the word “indepedent” and its use by financial intermediaries is…

Share