11 February

The people who will do best in 2022 will be those who wear a mask, even if government says you don’t have to. And those with no debt. If interest rates go up, many Australians with big mortgages are going to be in a lot of trouble. But if you have no debt, it’s good news, more return on your savings. Cheap money has been terrible for Australian society, encouraging speculation rather than saving and investment.