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At this time every year I remind share investors that an increasing share price is not the only way to make money in equities. The power of dividends is often overlooked by investors to their financial disadvantage. Australia has some of the highest dividend paying companies in the world. It’s also generally agreed that shares… Read more »
Raging inflation, massive increases in interest rates, the global economy weakening… and the ASX-200 share index went up 10.14 per cent. Who would have thought? With so much doom and gloom around, share investors well and truly beat inflation and interest rate returns. I love a good dose of perspective. But remember this is the… Read more »
Yes, it’s that time of the month when the Reserve Bank decides your mortgage repayments. This time they’ve given us a breather. On Tuesday, the RBA kept official interest rates on hold at 4.1 per cent. BUT (yes, I deliberately put this in capitals) don’t think this is the end of the rate hike cycle.… Read more »
Property values are all about demand and supply, but obviously it’s a bit more nuanced than that. Here are the most common reasons why a lot of property forecasters get it so wrong. There is absolutely no shortage of data or commentary when it comes to the property market or forecasts about where it’s going.… Read more »
A raft of changes are coming into effect from 1 July – here’s what the new policies will mean to your hip pocket. The start of a new financial year brings an enormous number of changes… everything from superannuation and childcare to pay rises and paid parental leave. RateCity.com.au has compiled a list of major… Read more »
Now if you think I’ve been too hard on the Federal Government in blaming them for higher interest rates, the Reserve Bank is sort of backing me — in RBA-speak. My issue is that inflation is staying higher for longer because the Federal Government has been playing the good-cop role and encouraging big wage rises.… Read more »
Beware: easier eligibility for a home loan doesn’t necessarily translate to a better deal. Higher interest rates not only bring higher mortgage repayments but, for new borrowers, the amount that can be borrowed falls. That’s because when the banks assess a borrower’s eligibility to repay the loan they stress test the applicant by assessing their… Read more »
Evidence is mounting of an economic recession here… but not in the US. As I’ve previously explained, the prospect of an economic recession in Australia is very real – not certain, but a good chance. And the economic data this week is reinforcing the possibility. An economy is a living, breathing temperature check I often… Read more »
Financial abuse is a powerful and dangerous form of intimidation which is a lot more common is Australia than you think. Wednesday was World Elder Abuse Awareness Day with older Australians being encouraged to stay alert for the warning signs of financial abuse and scams, coinciding with new CommBank research which found this age group… Read more »
I reckon the chances of Australia going into economic recession have increased significantly because of Tuesday’s rise in interest rates — caused by Federal Treasurer Jim Chalmers. Why? I remember back in 1990 when then Federal Treasurer Paul Keating said the economic crunch was “the recession we had to have”. Current Treasurer Jim Chalmers is… Read more »
