This week, 2GB rang me to seek my professional comment on an article that was on the front page of the Australian. Macquarie Bank published a list of Australia’s Top 50 Risky Suburbs and Ben Fordham wanted to clarify for his listeners, what made a ‘risky’ suburb for investment and how that might aff...
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After tightening up its loan book in response to the Australian Prudential Regulation Authority (APRA) driven crackdown last year, major lender Westpac is set to make life easier for investors. According to a report in Fairfax media outlets, the big four bank has advised mortgage brokers that its lo...
26-05-16 03:16 AM - Comment(s)
The Reserve Bank of Australia has announced that it will cut interest rates. This sets a new record low rate of 1.75% - the first change since May last year. The Bank is hoping to stimulate an under-performing local economy. Low interest rates continue to support housing market activity. ...
03-05-16 10:34 PM - Comment(s)
HOW MUCH DO YOU NEED TO RETIRE?
Different people will have different needs depending on the lifestyle they expect in retirement, however, figures released by the Association of Superannuation Funds of Australia (ASFA) can help you to plan. The latest figures indicate that couples need just unde...
29-04-16 11:03 PM - Comment(s)
EXPECTING YOUR SALARY TO BE ENOUGH TO COVER YOU IN RETIREMENT
Many Australians are caught in an old paradigm, their parents’ and grandparents’ idea that if they just work hard enough, they’ll earn enough and save enough to retire on. To do this, you would need to save about $20,000 per year. Th...
29-04-16 10:51 PM - Comment(s)