When it comes to gold, gold in the ground, and gold mining, there’s no question that Australia is a superpower.
–All-time highs in the US again overnight! –Only this time, the major exchanges acted in unison. The Dow, the S&P 500 and the NASDAQ hit all-time highs together for the first time since 1999. –Nothing major happened to send the…
Things have changed. Australia is no longer an economic miracle. Here’s the giveaway that the Aussie economy is in more than a spot of bother.
Continued retail rate increases will be calamitous for the Aussie property market and for anyone loading up on cheap debt now .
Low interest rates are forcing many investors to find other ways to generate income what is often missed is the impact of interest rates on option prices.
If you try to buy or sell a stock to take advantage of a news driven story, there’s a good chance you’ll get the timing terribly wrong.
The Reserve Bank’s ability to create inflation is akin to a power to tax. After all, inflation reduces our purchasing power just like tax. The Reserve Bank’s legislation should be updated to set out how much inflation the government and parliament expects.
Stevens is negating the ‘property bubble’ mania. The misguided fear of property prices propped up by low interest rates and lax lending standards.
Imagine another 1% worth of RBA rate cuts. Sounds good in theory for your mortgage… unless the banks don’t pass it on at all.
The RBA announced at 2.30pm yesterday afternoon yet another cut in the cash rate — to 1.5%. It signals that the RBA is running out of ammunition.