Calm the farm, we’re not saying there’s going to be a recession (although the media does love a headline). But if we were to have one, it could be a positive thing. Here’s how. Recession, recession, recession. These words are being shouted across media headlines and newspapers around the world as we deal with the… Read more »
If you’re paying off a mortgage – or aspiring to – imagine if you didn’t have to worry so much about rising interest rates. That’s already the reality for US home buyers. Unlike in Australia, most mortgages in the US have a fixed-interest rate, locked in for 30 years. Instead of having to wait and… Read more »
These are turbulent times, so having a strategy to pandemic-proof your investment property is essential for astute investing. Property advisory group Suburbanite has issued some great tips on how the pandemic is impacting investment property and what investors can do to take advantage of the new environment. Here are the five things to do to pandemic-proof… Read more »
Have you watched Don’t Look Up on Netflix yet? It’s actually quite a useful economics education, as Steven Hail from Torrens University Australia points out. In the new Netflix sensation Don’t Look Up, two astronomers, played by Jennifer Lawrence and Leonardo Di Caprio, discover a massive comet heading towards Earth, and desperately try to warn the… Read more »
Rising interest rates will have a big impact on the average mortgage – and an increase is predicted to happen sooner rather than later. The average mortgage holder could end up paying $103 more in monthly repayments on their home loan by the end of this year, and $427 a month more by March 2024,… Read more »
Will 2022 be the year where the world economy recovers from the pandemic? That’s the big question on everyone’s lips as the holiday season ends and the new year really begins. One complicating factor is that most of the latest major forecasts were published in the weeks before the omicron variant swept the world. At… Read more »
Comedian Robin Williams once called cocaine “God’s way of telling you you are making too much money”. This role may now have been overtaken by non-fungible tokens (NFTs), the blockchain-based means to claim unique ownership of easily copied digital assets, writes University of Canberra’s John Hawkins. The latest NFT mania involves fantastic amounts of money… Read more »
GDP is like a heart rate monitor: it tells us about life, but not our lives. How much cash would you need to be paid to agree to live without a smartphone for a year? If you are like the typical American, the answer is US$10,000 – which is far, far more than what we are… Read more »
WLTH CEO Brodie Haupt outlines the emerging lending trends of 2022 and what to look out for. If you are in the housing market or contemplating entering, it is crucial to pay close attention to the Australian Prudential Regulation Authority (APRA) lenders’ moves, and their impact on your mortgage. With the economy taking a brutal… Read more »
Getting amongst the crowds at the Boxing Day sales is almost as traditional as Christmas itself. Boxing Day as a day-after-Christmas holiday started in the UK and its origins are debated. The most likely reason the holiday started as ‘boxing day’ was to honour servants and errand boys. Traditionally, the day after Christmas was the… Read more »
