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A “tree” or “sea” change is the dream of many Australians but often it comes with a big price tag. Hard as it is to believe, you can still buy properties near the beach for “first home buyer” prices, as long as you are prepared to travel outside the major cities in Australia. Realestate.com.au has compiled… Read more »
It has been a pretty rugged week on financial markets hasn’t it. It’s a great reminder that financial markets are made of humans and when they panic the herd mentality kicks in. Investor psychology is a major driver of sharemarket performance… as we’ve seen. The definition of a “market correction” is a pull back of 10… 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. What’s your advice on keeping up to date with the various awards and any changes to hourly rates and… Read more »
Happy Friday everyone. Sharemarket continues to soar, gold is at a record high in Australian dollar terms and the Aussie dollar itself is at an 11 year low. It has been a big week of contrasts for financial markets – The sharemarket has been driven by good profit results from major companies. – Gold is… 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’ve recently got a pay rise and am considering putting it into my super. Or would it be better… Read more »
Cheap money also allows people to borrow more with the average home loan in Australia reaching $500,000. Since the Federal election the average new home loan has lifted by around $60,000 or 16 per cent. Rate cuts and increased buyer enthusiasm for property have driven the gains. But with wages growing at a 2.2-2.3 per… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. We’re in the midst of the profit reporting season from Australia’s major companies. Stocks which are meeting their performance expectations are being rewarded… but those which aren’t are really being caned by investors. Out of the results this week, for… Read more »
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 »
