Credit: ABC Brisbane | Download

If you’ve got a mortgage, then you’re probably hoping that the Reserve Bank will cut interest rates again before Christmas.

But for those of you who are self-funded retirees, any interest rate cut means a drop in your income. Is there a way to beat what the banks are offering, and invest in a scheme locally and get a good return on your money?

According to author Michael Shuman : yes. He’s the author of eight books – his latest is Local dollars – Local sense, and he’s coming to the Coast next tuesday to tell us how we can revolutionise the way we invest.