Like your first kiss; car, job, love and heartbreak, chances are you’ll never forget your very first credit card. Not because of the dizzying high it gave, the sage wisdom it instilled or the thrilling sense of accomplishment you felt. No, rather because I’m betting if you could go back in time and slap that…
Reducing the population of major cities will provide the solution to housing affordability. Australia’s population has just hit the 25 million mark and with the bulk of that concentrated in the major cities, in particularly Sydney and Melbourne, it’s little wonder housing affordability is an issue when there is so much demand. While it’s true…
National debt levels can be hard to understand, not to mention boring. Just to make things clear… The National or Government debt is the amount owed by the government. The Australian Office of Financial Management, which is part of the Treasury Portfolio, is the agency which manages the government debt and does all the borrowing on behalf of…
Did you know that Australia’s superannuation system is valued at $2.7 trillion and expected to grow to over $4 trillion by 2025. And those dollars actually belong to everyday people who hope that one day their super will be enough to significantly supplement their income in retirement. The problem is that many super funds underperform…
What are property investors thinking? How confident are they? Where are they planning to buy there next property, or are they planning to site tight and ride things out? That’s what the 2018 Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey tried to find out. Well there were some surprises… Australian property investors…
Mixed messages from lenders are creating opportunities for cash-up investors looking to the long term. While some lenders are increasing interest rates, others are discounting them and offering cashback incentives. Adding to the confusion is NAB’s decision to place their rates on hold which is completely at odds with the other three major banks which…
This sounds like a clickbait title, but hey, at least it’s not a list post. Hear me out though. Honestly, it’s hard to name something in the few words you get with an article headline. Especially something like this that requires an explanation, regardless of how simple it sounds. The thing is, there is…
I want you to picture a big suitcase stuffed with $929,000 in cash. It’s all yours. That’s your wealth. Now, I want you to imagine that suitcase is tied to a very thin piece of string, suspended high in the air, dangling over a raging torrent of water. It’s not a very secure arrangement, to…
The South Australian Government’s decision to cut land tax rates to be more competitive with other states may not have the desired affect if additional moves were not made to boost the economy. According to RiskWise, unlike the NSW Government’s commitment to major infrastructure projects in regional NSW and the Queensland Government’s in the southeast…
The Productivity Commission neglected the impact of housing costs – after allowing for these costs, the top 10% of households’ average disposable income grew at 2.7 times the rate of the bottom 10%, writes… Ilan Wiesel, University of Melbourne; Liss Ralston, Swinburne University of Technology, and Wendy Stone, Swinburne University of Technology The Productivity Commission…
