Financial System

Make no mistake, the financial system is unravelling. Much of it is out of your control, but there is hope.

The drawn out Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry uncovered many issues within our financial system in Australia. Ongoing issues regarding conflicts of interest, predatory behaviour and exploitative practices of professionals within our financial system have demonstrated the intricacies of the system itself.

Meanwhile, record low interest rates have pushed many Australian retirees reliant on interest for income to seek out higher-returning, riskier investments. This has helped to drive up asset prices, but has also built more risk into the financial system.

Here at Money Morning, we can help to show you how to take back control of your own wealth and investments from the financial system.

Understanding the inner-workings of our financial system could help you build your wealth, and protect yourself in the event of an economic downturn internationally or at home.

We don’t claim to have all the answers here at Money Morning, but we will always try to let you know which factors are likely to affect your wealth the most. And provide you with informed suggestions as to which investments could best shelter and grow your wealth in these turbulent times.

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Could the US Fed Save Aussie Housing? [VIDEO]

While I’m sure our own Reserve Bank of Australia (RBA) is more concerned with Aussie figures, we seem to be going the way of the US. Aussie rates have been on pause for years. And the next move might potentially be down.

Are Stocks Going the Way of the Boeing 737 MAX?

The slowdown is almost over, Credit Suisse’s John Woods says. Now, as central banks around the world pause, it could be go-go time again. We’ve also seen central bankers in Europe change policy. At first everything seemed fine. The Eurozone was out of the woods, ready to grow again.

Aussie Banks Toying with the Property Market

Aussie property hasn’t lost its cachet, yet. But prices, as you would have seen, continue to fall. The fall likely has more to do with borrowing ability than confidence. However, there’s one thing the Aussie property is telling us. It’s proving the complete ineffectual role of banks…
Money Morning Australia