Australian Economy
Australian Economy
australian economy
Why Interest Rates are on Hold for a Long Time
interest rates being heldThe general view has gone from one of another potential interest rate cut, to a question of when the rate rising cycle will start. But the just-completed reporting season didn’t exactly confirm that view. Overall, earnings growth was lacklustre. But that’s what you should expect in a low growth economy.
When Housing Falls, Australia May Fall With It
australian property crisisEven if you’ve taken your profits out of property and invested them elsewhere, you still can’t afford to ignore this issue. With so many Australians holding mortgages, and the big four banks making up such a large part of our economy, any shock that starts in housing could spread across the entire country.
The Dangers of ‘Tax-Led’ Investing
investing incentives for tax breaksAs a former financial planner, some of the greatest value I could add to my clients’ portfolios was by reducing their tax liabilities. Both current taxes and future ones. But there’s a difference between a good tax strategy, and investing because of a tax benefit.
Turnbull Government…Hands Off Our Privacy!
turnbull government new privacy lawsThe Turnbull government yesterday announced a proposal that would see states hand over the identities of all Australian drivers in a bid to strengthen national security laws. It would mean authorities would be able to identify any Australian with a driver’s license in seconds using facial recognition technology.
Victory for the Aussie Bulls in Sight
Aussie bull marketIf this support continues — and the signs are positive — then the Aussie market should indeed move higher in the coming weeks. And you just might see it break through the elusive 6,000 point barrier. If it can do that, it will be a decisive victory for the bulls.