The rebound in the Australian home auction market continued last week as both the number of auctions and clearances continued to trend higher, according to the latest figures from CoreLogic. Across the combined capital cities, 2,446 homes went to auction, with a preliminary auction clearance rate of 77.7%. That’s up from 1,596 auctions the previous… 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 »
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 »
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 »
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 »
Hey gang, get up to speed on this week’s financial trends with my market updates. Aussies Are Still Not Very Positive Following on from what I was saying last week, Aussies are not getting any more positive. The latest research shows we need a swift kick up the backside to get us optimistic and spending more… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. A lot happening this week when it comes to the future of your money. As you all know I’m a natural optimist and I have been very positive about the economy. I still am… buuuttt, I must admit I’m a… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. A wild ride on the Australian sharemarket this week. We got so close to a record high last week and have pulled back over the last 5 days…we’re one of the few western sharemarkets which hasn’t broken through previous record… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. Economic Snapshot – the unemployment rate rose from 5.2 to 5.3 per cent in October. – for the first time in 17 months employment dropped… by 19,000 jobs in October after lifting by 12,500 in September. Full-time jobs fell by… Read more »
