Aussie banks have had a stellar run over the last couple of decades. But the mistake those in Canberra, make is to assume that good times will always roll.
A decision to lower interest rates might do more harm than good. Every time interest rates are lowered, it gives the Australian share market a little kick.
Inflation — once considered the enemy because of its ability to erode the basis of money — is now the thing that’s proving elusive to central bankers.
At some point the RBA was elevated to sole guardian of the Australian economy, yet there isn’t any official mention of it. Now where is that memo?
There’s still huge scope for growth to come out of China and the rest of Asia. Naturally, Australia is incredibly well placed to benefit from this via our resources and service industries.
Mr Stevens has led the RBA in such a way that has ensured ongoing economic growth, assisting the now ingrained view that growth is (in his words) ‘the natural state of affairs.’
Let’s now look at ‘why’ a dividend reinvestment plan (DRP) can be such a useful tool to help supersize investment returns.
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.