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.
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.