Vly News - Professional news Platform

Australians get a harsh shock when they open their retirement statements. For most, it was a rare year of loss. Only three funds ended up black. Callum Foote and Michael West investigate super returns and the best performing fund of all, Hostplus. It’s an obvious thing, but it’s still of no value. When interest rates rise, the stock market tends to fall. And that’s exactly what happened to the savings of millions of Australians for the year to June. Opening our pension fund letter, we found that our scores were lower than the previous year. The stock market decline has been compounded by an unusual phenomenon; bonds also fell. Bonds are an important part of a “balanced” super portfolio, and when bond yields (interest rates on debt) rise, bond prices fall. The good news is the market has bounced since then, so the positive returns over the past seven weeks should send most of us back into the dark. Tracing the league tables, historic trends prevail,...

Last Tuesday was the 40th anniversary of my father’s death. On Wednesday my book, Our Dream Summer was about to be launched, which coincidentally made this event even more emotional for me and my brothers and sisters. The title of this book comes from my father’s speech. How my eldest brother described his memories of childhood that our parents gave him. “It was like a long, golden summer,” he said, “the summer of our dreams.” The book took time to happen, just like life. It’s been a decade since I started writing it – over and over, much more than actively – with thoughts fused for countless years before. It’s a good thing, a necessary thing, allowing books to evolve and grow with our times beyond the original intention of paying homage to the country and recognizing the gifts and opportunities my parents worked so hard to give their children. (There is no force on earth stronger than a mother’s desire to give her children a better chance at life...

Top actor HANGS UP on Kyle and Jackie O after car crash interview: ‘No, not much!’ By Jo Scrimshire For The Australian Daily Mail Published: 9:08 PM EDT, 21 July 2022 | Updated: 10pm EDT, 21 July 2022 Australian actor Michael Caton slammed the phone when a producer for The Kyle and Jackie O Show tried to call him on Thursday. ‘Intern Pete’ Deppeler called Caton directly, after failing to reach him via rep, to offer a right of answer after KIIS FM host Jackie ‘O’ Henderson said on broadcast that day that she had been rude to her ex-husband at a party two decades ago. Deppeler explained on Friday how the 79-year-old star from The Castle and Packed to the Rafters exploded at him as soon as he introduced himself. Australian actor Michael Caton slammed the phone when a producer for The Kyle and Jackie O Show tried to call him on Thursday. (Photo: Jackie ‘O’ Henderson) Th...

Radio presenter Jackie ‘O’ Henderson recalled his awkward encounter with Australian actor Michael Caton. He spoke of his ‘bad experience’ with Caton, who is best known for starring in the beloved Aussie film The Castle, on The Kyle and Jackie O Show on Thursday. Her name popped up during the daily celebrity birthday segment when her co-host Kyle Sandilands noted Caton had just turned 79. Radio presenter Jackie ‘O’ Henderson (left) recalls his awkward encounter with Australian actor Michael Caton (right) at The Kyle and Jackie O Show on Thursday Henderson, 47, admitted he felt uncomfortable congratulating the Packed to the Rafters star after he met him more than 20 years ago. The alleged incident took place at a party after the Australian People’s Choice Awards in the late 90s when Henderson was still married to first husband ‘Ugly Phil’ O’Neil. ‘We love The Castle. At the after party, Phil went and bought a b...