If you’re new to property investing, then negative gearing might be a new concept to you. But it’s actually very simple.
They say Australia's economy will be the hardest hit developed economy from the China slowdown! What a revelation. Who would’ve thought? Well, you certainly knew. I’ve been writing about it for years.
It’s been nearly a week since Malcolm Turnbull was sworn in. And already, he’s boosted consumer confidence, by 8.7%. The index went from 105.3 to 114.5.
Australia’s new prime minister is a wealthy man. Last night, much was made of the fact that he doesn’t need to be in public life to have power and financial reward. He’s already amassed quite a fortune. Even before he entered politics. How does Malcolm Turnbull invest? As the Parliamentary Register shows today, it’s far from boring.
The 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.
Prime Minister Malcolm Turnbull may be one step closer to passing corporate tax cuts. This comes after One Nation’s Senator, Pauline Hanson, backflipped and announced she would back the company tax plan. Ms Hanson struck a deal with the Turnbull government. But what does this tax cut plan mean for Aussie businesses and workers?
One of the most popular ‘alternative’ investments in recent years has been infrastructure. In the next few days, Australian Prime Minister Malcolm Turnbull will be catching up with US President Donald Trump. Both have problems to solve.
The share price of global wine giant Treasury Wine Estates Limited [ASX:TWE] was down by 2.49% at time of writing today, and appears to be on a downward trajectory.
While the banks may be humiliated and reprimanded, and while their stocks may fall due to a lowering of consumer confidence…all the commission can really do is demand that the banks tell all. The commission can then give recommendations to the federal government. But whether the banks do anything, or even take on these recommendations, is a whole other story.
Australians’ pay packets may be growing in pure numerical terms. But once you factor in interest, you can see that wage growth has been steadily declining since the 1970s. No matter how hard you try and spin in, there doesn’t seem to be any relief in sight for Aussie workers.