By Lacey Filipich BEng(Hons) MAICD In my professional past, I spent a lot of time flying into mining sites for a substantial fee to tell management teams two things: Your only targets should be Safety, Volume and Cost. The rest is window dressing. Stop doing most of...
By Lacey Filipich BEng(Hons) MAICD The 2015 Intergenerational Report (‘The Report’) was published on 5 March 2015. It’s a predictive exercise: based on today, where will we (Australia) be in 40 years? Assumptions abound and of course you can spend a lot of time on...
By Lacey Filipich, BEng(Hons), MAICD Setting financial goals can be exciting for some, nauseating for others and downright offensive for a few amongst us. As with most things in life, setting goals is an important first step in getting what you want. The goal is only...
Author’s note: This article on what it’s like to going bankrupt is one of our most widely read and shared. Probably because most commentary on bankruptcy is about the maths rather than the aspect this article covers – the emotional impact. At over 2,500 words...
By Lacey Filipich, BEng(Hons), MAICD My parents fought about money. It’s the main reason they divorced. I can’t conceive of them sharing a household budget so in retrospect it’s not surprising. To put it bluntly: Dad spends, Mum saves. You’d think they’d balance each...
By Lacey Filipich, BEng(Hons), MAICD ‘He had heard people speak contemptuously of money: he wondered if they had ever tried to do without it.’ – W. Somerset Maugham (1874 – 1965) In 2005, I watched an Australian film called Three Dollars and was...
