Your weekly market update: Economic pulse, credit card debt and air fares
Hey gang, get up to speed on this week’s financial trends with my market updates. This Week’s Economic Pulse – Commsec have an amazing chart which tracks luxury car sales to house prices which points to a strong correlation between the two. I talked last week about general car sales falling 10 per cent in…
Investors’ guide: How to read an annual report
A lot of shareholders will start receiving the annual report of companies they’ve invested in. They can be quite daunting documents. But don’t dismiss them because they are basically your company’s report card on how well they’ve done over the last year. So persevere… it’s worth it. Here’s my quick guide into what investors should look…
Your weekly market update: Economic growth, interest rates and property listings
Hey gang, get up to speed on this week’s financial trends with my market updates. This has been a huge week for economic data and a barrage of diverse media commentary scaring everyone. So here’s my take: – Economic growth for June quarter came in at 0.5 per cent which translates to annual growth of…
How Active Home Loan Management can help you take control of your mortgage
Do you remember the last time you checked your home loan to see if it’s still the best value option for you? Are you still on the lowest interest rate? Does it offer you the kind of flexibility you need at this stage of your life? Chances are, you could easily access a better mortgage…
Good money tools for kids
I’ve come across a couple of great new tools to help your kids on their journey to understand money. Here, take a look: Spriggy (www.spriggy.com.au) Forget the old fashioned piggy bank, Spriggy is the tech savvy alternative for children. It’s an app you and your child download together and then a pre-paid Visa card is…
This week’s property update: Is the Sydney property market about to overheat again?
I’ve been talking about this for the last few months… the bottoming of the slump in Sydney and Melbourne residential house prices. I thought they’d just bump along the bottom for a while. But a bloke I really respect, SQM Research’s Lois Christopher, is thinking we might be headed for a quick return to boom…
Your weekly market update: money could get cheaper, no lift expected to compulsory super rate
Hey gang, get up to speed on this week’s financial trends with my market updates. Interest rate could drop even further Just when you thought money was cheap with such low interest rates on loans and savings accounts…it could be getting even cheaper. Reserve Bank deputy governor Guy Debelle was this week talking at a…
How to keep your home loan healthy
It’s never too late to start combatting home loan waste. Especially if you use uno’s Active Home Loan Management Service to help. For example, uno’s loanScoreTM tool shows you the health of your mortgage while analysing it against thousands of home loan products on uno’s panel of 29 lenders. It also calculates potential savings you…
Investment tips: 13 golden rules of share investing
What a wild couple of weeks it has been on global share markets. From investors spooked by everything from the China/US trade dispute and Central Bank interest movements to inverted yield curves and currency wars. I reckon it’s a good time for a refresher course on the golden rules of share investing. No matter how…
How to start fighting financial waste
Did you know Australians are wasting more than $4 billion a year on their mortgages? In fact, unnecessary interest costs are one of the key drivers of all Australian household financial waste. According to a recent report by uno Home Loans, Australian homeowners have taken their eyes off the prize. Sure, they may have searched…
Your weekly market update: Why there’s panic in the global markets and what it means for Australia
Hey gang, get up to speed on this week’s financial trends with my market updates. Read on for a snapshot of what is ‘an inverted yield curve’ and why it’s creating panic in the global markets: In very simple terms, an inverted yield curve is the canary of the health of the global economy. It’s…
