Kochie’s Weekly Market Update: Economic status and crackdown on property flipping
Hey gang, get up to speed on this week’s financial trends with my market updates. A wild ride on the Australian sharemarket this week. We got so close to a record high last week and have pulled back over the last 5 days…we’re one of the few western sharemarkets which hasn’t broken through previous record…
Talking about money bigger taboo than sex, religion or politics
Do you find it difficult to talk about money with loved ones? You’re not alone. A few years ago, an old acquaintance who was moving to Sydney pinged me on Facebook to ask how much rent I was paying and how much I managed to save every month so she could plan her household budget….
10 tips to build wealth and keep it
Imagining a bigger, better life that is made easier because of the security and safety net of wealth is a dream lots of people share. And why not? Having money to take care of everyday stresses seems like fun… The great news is that building wealth is possible, as long as you take some strategic…
Ask Kochie: Tips to invest your money, setting a family budget and saving for children’s education
Did you miss this week’s Facebook Live session with David Koch? Watch the segment now as he gives a rundown on this week’s economic updates and answers questions from his audience on Facebook. Questions answered this week: Where is the best place to invest money at the moment? With interest rates being so low, is it…
6 tips to improve your cash flow over the Christmas period
Christmas is thought by many to be a happy time however, many small business owners dread the holiday season as cash flow can become a serious issue, writes Prushka CEO Roger Mendelson. The decline can start mid-December, when you are likely paying your employees Christmas leave, and for some there is even the extra expense…
The future of property prices
You’ve heard me before refer to Louis Christopher from SQM Research. I’ve known him for a long time and really respect his forecasts when it comes to property. He’s sort of my go-to-guy on property. This week he released his Christopher’s Housing Boom And Bust Report 2020 and it is fascinating reading on where property…
Top 7 places to retire in Australia
Research group RiskWise Property has come up with a list of towns they assess to be the best places to retire. They’ve, made the judgement based on lifestyle, affordability and capital gain potential. Have a look at the top places on the list: 1) Sunshine Coast, QLD The Sunshine Coast offers a variety of housing…
Kochie’s Weekly Market Update: Economic trends, unemployment rate and the fall of credit cards
Hey gang, get up to speed on this week’s financial trends with my market updates. Economic Snapshot – the unemployment rate rose from 5.2 to 5.3 per cent in October. – for the first time in 17 months employment dropped… by 19,000 jobs in October after lifting by 12,500 in September. Full-time jobs fell by…
Australian retirees are missing out on $21 billion in lost and unclaimed super
Lots of people worried about how they’ll pay for their retirement may not realise they already have a substantial nest egg they’ve simply misplaced. New Australian Taxation Office (ATO) data reveals more than $20.8 billion worth of superannuation sits in lost or unclaimed accounts. The ATO is keen to reunite people with their money and has…
Active credit cards fall to a record low in Australia
Australians seem to be ditching plastic money at a record rate. Latest data from the RBA shows the number of active credit cards in Australia has dropped to 13.9 million – the lowest it’s ever been since April 2011. More than half a million personal credit card accounts dropped off from August to September this…
Report: Why women are better money managers than men
Leading credit score provider Credit Simple’s state of the nation report found women are better at managing money than men despite common misconceptions that men are savvier with their finances. Credit Simple found women have higher credit ratings in almost every state, city and region in Australia despite the gender pay gap and common attitudes…
