5 things that self-made millionaires do differently
Thinking of joining an MLM as your side hustle? Read this first
10 business lessons from a lemonade stand
The Reserve Bank wants to cut interest rates – but it doesn’t know when, and it can’t guarantee that cuts will happen at all. That’s the bottom line from Tuesday’s RBA decision to keep rates on hold, and the clear message from Michele Bullock’s press conference following the announcement. Interest rate horoscope The chart below… Read more »
The pace of growth in Australian home values accelerated in October, rising by 1.1 per cent – the fastest monthly gain since June 2023. According to property research group, Cotality, momentum has been building in the rate of housing value growth since the first interest rate cut in February, pushing the annual pace of growth… Read more »
Falling into a consumer debt trap is something that happens to most of us at least once in our lives. And when it happens, we swear it will never happen again. Working to pay off that debt is hard work – and all that extra interest we have to pay can feel like an unfair… Read more »
While we always focus on the ‘big picture’ economic data for the country as a whole, I’m always fascinated by how the individual states and territories are performing. CommBank publishes a quarterly State of the States report, which always makes for great reading. The findings Overall, the latest report found that the economic performance of… Read more »
“All I want for Christmas is a rate cut,” many homeowners are saying. Well, I’m afraid that wish is looking unlikely now. Reserve Bank Governor Michele Bullock had warned us that a September-quarter CPI trimmed mean of 0.9 per cent would be a “material miss” for the RBA’s forecasts. On Wednesday, the actual figure came… Read more »
As the bull run on global sharemarkets accelerates unabated, investors continue to pile in with a herd-like mentality. With this heady rush, I think it’s a good time to remind sharemarket investors of one of the common pitfalls in times like these: over-speculation. As we’ve witnessed once again, the flow of funds has supercharged dividend-paying… Read more »
I’ve talked a lot about Australian property prices but just how do they compare with overseas markets? I know every market is different but a comparison does bring some perspective. The below chart from the Organisation for Economic Co-operation and Development (OECD) shows that from an affordability perspective, Australian property is expensive. The OECD does… Read more »
The price of gold continued to surge this week at $US 4,300 an ounce, then fell 7 per cent on overseas markets on Wednesday morning. In a recent newsletter, I explained that the price of gold tends to rise during times of political and economic uncertainty, as investors turn to it as a safe store… Read more »
The cost-of-living crisis is not easing – times are still tough for many Aussies. Just 7 per cent of Australians believe the cost-of-living crisis has improved over the past year, despite months of financial resilience and government support, according to Compare the Market’s 2025 Household Budget Barometer. Getting savvy Adding to the gloomy outlook, just… Read more »
Property is being snapped up like toilet paper during a pandemic right now. With low supply and high demand, homes aren’t staying on the market for long, which has led some people to ask: “Do I need a real estate agent in a booming market to sell my home?” It’s a fair question. Skipping… Read more »
