There’s the old saying that you can’t put a price on love. But the Bank of Mum and Dad provided $2.7 billion to their adult children to buy property over the last year. The Productivity Commission estimates mum and dad as a collective would be between the 5th and 9th biggest home loan lender in… Read more »
Federal Treasurer Jim Chalmers is a self-confessed disciple of Paul Keating. My challenge to Chalmers is to step up from being a disciple of, arguably, Australia’s greatest-ever treasurer to being this generation’s economic reform messiah. In the 1990s Keating (with the support of PM Bob Hawke) reformed the Australian economy and 30 years later we… Read more »
Reserve Bank Board meeting week and, as expected, official interest rates were kept on hold. But there was an important change in the statement explaining the announcement. The words are now more important than the actual decision. From saying “a further increase in interest rates cannot be ruled out” in September, this week’s statement said… Read more »
Your Money
Changing your home loan repayment schedule from monthly to fortnightly can save you a small fortune by helping your pay your mortgage off faster. My mates at Compare the Market (where I am Economics Director) crunched the numbers and found that a person with a $600,000 loan could save over $160,000 in interest over the… Read more »
Your Life
How do you calculate an LVR? Should you go with P&I or Interest Only? Are you better off on a fixed or variable rate? Do you need an offset account, and what does it offset? Buying a home is one of the biggest investments you’ll make, but let’s be honest, the home loan lingo can… Read more »
Your Business
Self-made millionaires follow a tried and tested formula that embraces success and hard work, writes Zaki Ameer. By Zaki Ameer Zaki Ameer was never interested in academic life. He failed at school, and began his entrepreneurial journey by selling cassettes to classmates. After moving to Australia to study for a Bachelor of Business, a chance… Read more »
There’s the old saying that you can’t put a price on love. But the Bank of Mum and Dad provided $2.7 billion to their adult children to buy property over the last year. The Productivity Commission estimates mum and dad as a collective would be between the 5th and 9th biggest home loan lender in… Read more »
Federal Treasurer Jim Chalmers is a self-confessed disciple of Paul Keating. My challenge to Chalmers is to step up from being a disciple of, arguably, Australia’s greatest-ever treasurer to being this generation’s economic reform messiah. In the 1990s Keating (with the support of PM Bob Hawke) reformed the Australian economy and 30 years later we… Read more »
Reserve Bank Board meeting week and, as expected, official interest rates were kept on hold. But there was an important change in the statement explaining the announcement. The words are now more important than the actual decision. From saying “a further increase in interest rates cannot be ruled out” in September, this week’s statement said… Read more »
New research reveals motorists could be slugged with a ‘colour premium’ or higher car insurance premiums based on the colour of their car. Think your car looks better in black? If you’re looking to save on your car insurance premiums, maybe check with your other-colour car friends first. Research by car insurance comparison service Compare… Read more »
Looking back it is hard to comprehend the way COVID stopped the world and its impact is still affecting many people, industries and the investment sector. CoreLogic has produced a report on the most significant property trends since the pandemic. 1. Housing values have surged since the onset of COVID CoreLogic’s national Home Value Index… Read more »
To mark the start of the football season I had a special edition of The Call this week looking at stocks with a football theme. There are some sport-specific shares on the Australian market, but also a lot with directors who sit across football and corporate boards of directors. I picked 10 stocks in this… Read more »
Okay, I admit I get nervous when the sharemarket is on a record-breaking run and then it gets a few wobbles. I’m old enough to have been through enough sharemarket crashes to be spooked in these situations. I’m sure I’m not alone and a lot of investors would be wondering whether to trim or sell to varying… Read more »
