APRA shifts its focus [Video]

APRA shifts its focus [Video]

Transcript: It appears APRA is turning to the banks and warning them that they have fallen well short of expectations regarding portfolio controls for commercial property. APRA has said:  “Justifying lending decisions on the basis of ‘long-standing relationship’ or ‘good track record’ are insufficient, by themselves, to mitigate higher risk characteristics such as higher leverage…

How Greed and Fear Kill Investment Returns

How Greed and Fear Kill Investment Returns

Most of us make the same mistake with our money over and over again: We buy high out of greed and sell low out of fear, despite knowing on an intellectual level that it is a very bad idea. The easiest way to see this behaviour in action is to watch money flow in and…

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