If you’ve been living under a rock, I’ll excuse you for not being up to speed with the world’s current affairs. In the last week it appears that the Coronavirus (COVID-19) is spreading at an alarming rate. Now it shouldn’t…
We’re big believers that people should take the initiative to learn and educate themselves about financial matters. In fact we speak with many people about general financial concepts all the time – at no cost to them except their time….
Every night on nearly every news bulletin, you will see the exchange rates quotes in the finance section. The Australian dollar is usually quoted against the other major currencies, such as the US dollar and the British pound. Often we…
Exchange Traded Funds, or ETF’s as they are commonly known, have quickly become one of the most popular investments on the Australian Stock Exchange (ASX). While their popularity soars, exactly what an ETF is remains a mystery to some. In…
You have no doubt heard over the last few weeks a lot media speculation about the state of the economy. We have read everything from ‘we are heading to a recession’, to another ‘financial crisis’ and even the ‘death of…
What do you have to do to turn a $1 into $2,301,706 With the latest market statistics available, I thought I would cheat again and repeat an earlier blog from 2017. Say you invested $1 into the Australian Share Market…
There has been a lot of noise in the media in recent months surrounding the dramatic fall in new housing approvals. This is generally an indicator of consumer confidence and spending sentiment. If more consumers are willing to take on…
Multiculturalism and the influence of different nationalities on our society is now woven into the fabric of everyday life in Australia. Recent market and economic events suggest that this international flair is broadening its influence on the Australian economy as…
The Reserve Bank of Australia (RBA) has again this week cut interest rates to a record low of 1%. The basis for the interest rate cut is to spur on consumer spending, bank lending and employment growth. The RBA is hoping…
The Reserve Bank of Australia Governor, Philip Lowe, has opened the door for a further interest rate cut before the end of the year. In addressing an economic development event in Adelaide this week, Governor Lowe cited ‘spare labour capacity’…
