You can run, but can you really hide?

Outsider

10 July 2020
| By Outsider |
image
image
expand image

Outsider has often contemplated owning a little pied a terre – somewhere to which he can retreat when the vicissitudes of life at Money Management Central become a little too much. Indeed, for some years he has had his aspirational eye on something around Nelson Bay.

But, as Outsider has discovered, the ownership of such a hideaway does not come without cost and Mrs O has ever been one to keep a grip on the purse strings lest your correspondent does something thoroughly spontaneous, irrational and possibly enjoyable.

And, in any case, in these COVID-19 times it seems that Governments are inclined to apply rules to when a gentleperson can retreat to their summer palace and therefore risk placing pressure on provincial medical infrastructure which might not be able to cope.

Why, even a NSW Government minister momentarily lost his job for being spotted in his beachside bungalow and so Outsider simply remains hunched over his laptop, dreaming of better days ahead.

He mentions this only because of reports that, in the face of an impending six-week lockdown those Melbournians who evidently can afford a beachside pied a terre, were seen heading south in droves to, it is assumed, endure their 42 days of inconvenience in a more relaxed setting.

On this basis, Outsider shall be paying close attention during any Zoom or telephone conferences with his contacts in Victoria to determine whether he can hear the crash of waves on the beach or, as seems more likely, the hubbub of children doing home schooling.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

10 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 15 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 13 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 16 hours ago