Posts tagged as:

mortgage

Why the Great Moderation is a Great Big Lie

by Kris Sayce on September 1, 2010

Yesterday, RBA Assistant Governor Guy Debelle spoke at the “Risk Australia Conference” in Sydney.

The one-day conference, which would have cost those interested, up to USD$2,800 to attend, was held at the plush surroundings of the Hilton Hotel in Sydney.

Among the sponsors of the “Risk Australia” conference was Credit Suisse. Credit Suisse, of course, is the Swiss banking firm that rejected the offer of a Swiss government bail-out in 2008, but which happily accepted USD$8.8 billion from “a small group of major global investors”, including – according to the New York Times – “the Qatari authorities.”

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Stressing Out the Banks

by Kris Sayce on July 23, 2010

Right now you may be wondering who the big winners from the stimulus programmes and banking bail outs have been, because it sure as hell hasn’t been you.

Well, look no further than two articles yesterday from Bloomberg News:

“Purchases of U.S. Existing Homes Probably Dropped as Credit’s Effect Waned”

That’s the story from Main Street, USA. But it’s not the full story.

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Why You Should Lock in Gains While You Can

by Kris Sayce on April 12, 2010

Your editor reports in from rainy Frankston this week. While the missus is off supervising a school trip to Canberra we’re stuck at home on school pick-up and drop-off duty.

We’re not sure that being down here in Frankston will add any different perspective to when we normally write from St Kilda, but you never know.

Anyway, we were gobsmacked by this quote we read yesterday afternoon…

“Prices would only suffer a small fall, they wouldn’t crash.”

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Greeks Pay Tax as an Option

by Adrian Ash on February 12, 2010

So, who gets to play Lehmans in this comedic repeat…?

ISN’T GREECE marvellous?

Paying income tax, or any kind of tax it would seem, has been entirely optional. Which should have powered its economy like 1960s’ Hong Kong.

But public spending, however, accounts for 40% of GDP. So who financed that spending if so few people paid?

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An Example of Over Inflated Property Values

by Shae Smith on November 30, 2009

Kris is putting the final touches to the November issue of Australian Small Cap Investigator, so I’m filling in today.

But so you don’t get too many withdrawal symptons, I’ve got a subject you’ll be familiar with…

Property!

You and me, we’re constantly bombarded by the media about the housing shortage. If that message isn’t in your morning paper, chances are you have a flyer in your letter box from a real estate agent, telling you, that there is a shortage of homes in your area. Followed by the question, “Would you like our company to come and value your home?”

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