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Hey gang, get up to speed on this week’s financial trends with my market updates. As most of you would realise I have been the Reserve Bank’s biggest cheerleader for many years. In my view both Governor’s… current Philip Lowe and predecessor Glenn Stevens… and their boards have done a sensational job in managing monetary… Read more »
With Governor Philip Lowe confirming low rates are here to stay. Competition in the home loan market has continued to heat up. There are now over 30 lenders offering variable mortgage rates starting with a “2”. Lowest advertised rates on RateCity.com.au Variable rates Lender Advertised rate Reduce Home Loans 2.69% Well Home Loans 2.72% Homestar Finance… Read more »
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: 1. Both my children have over 100k in a term deposit but both are not ready to purchase homes. Their… Read more »
The bushfire devastation has been incredibly distressing for so many Australians this summer. The emotional and financial scars will be felt for a long time on so many levels. My heart goes out to those rebuilding their lives, homes and businesses. One of the biggest financial hits to these regions will be to the value… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. It’s been an absolute rollercoaster week on financial markets trying to cope with the nervousness surrounding the Coronavirus pandemic, the arrival of Brexit and the profit reporting season in the United States. Share Markets would fall when the focus was… Read more »
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: I set up a fundraiser using one of my own bank accounts for a Wildlife Feeding Group that I also… Read more »
NAB has cut the introduction rate on its iSaver account by 0.15 per cent and on its Reward Saver account by 0.11 per cent. It doesn’t sound much but when savings account returns are so low to start with it is quite a hit… particularly when there has been no change to official interest rates. … Read more »
For many people their superannuation is now one of their biggest assets, so it’s important to keep benchmarking how your fund is performing. So when your statement comes in the next few weeks, these are the industry average figures you need to know. Then ask yourself is your fund above or below average? According to… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. Even though we may still be in holiday mode, so much has been happening. – This week’s good job figures…29,000 new jobs created for the month of December and the unemployment rate falling to 5.1 per cent has many economists putting… Read more »
I must admit last weekend I became really annoyed at the release of US job figures where 260,000 jobs were created in November and unemployment dropped to 3.5 per cent… the lowest since 1969. I was annoyed because I wondered why Australia can’t get its unemployment rate down to that level… we seem to be… Read more »
