Finance News
By now you’ll be well aware that last night was federal budget night and Treasurer “Dosh” Frydenberg has done his best to butter us all up before the upcoming (but as yet unannounced) election. I’m sure you’re across all the spending and you don’t need me to tell you about it again, but where…
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Have you felt the pain at the petrol bowser yet? Blame Vladimir Putin. The Russian President’s invasion of Ukraine is already having global impacts. While Ukrainians suffer through the very real fear and danger of missiles raining down on them, the rest of the world has also started wearing the consequences, as the sanctions…
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The floods in NSW and QLD are beyond devastating, with flood waters in some cases up to 15 metres. Unthinkable really, and our thoughts and prayers are with our neighbours in the north. However, we’re a nation that’s used to natural disasters, from floods, to storms, to bushfires. And the conversation that often arises when these…
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The unrest around Russia and Ukraine has given investors that much more to be worried about. With the increase in global sanctions, the market is now pricing in higher energy prices and seeing significant risk aversion. This has been highlighted by the Nasdaq which has now tumbled more than 15% so far this year, while the S&P500…
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We’ve spoken a lot recently about interest rates and inflation, with the Reserve Bank hinting repeatedly last year that it doesn’t intend to increase the official cash interest rate until 2024. But it appears the tides are changing, and that interest rate increase could come sooner than expected. Last night on Money News I interviewed…
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Investors across the world are quickly coming to terms with the new normal: higher interest rates. Reserve banks in New Zealand, the US and UK have either increased rates already, or said they’re going to do so soon. But not in Australia, where with a federal election looming, the RBA is going to sit on…
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Welcome to 2022, and as we enter our third pandemic year it’s a good time to pause and look ahead to what we can expect from another year of twists and turns. If we’ve learned nothing else over the past two years, it’s that it takes a brave person to try and look too far…
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There have been some big guarantees made by politicians just a few days before Christmas. Of course, there is the standard one-liner that there will be no more lockdowns! Then last week the government claimed one million jobs will be created over the next four years, inflation is expected to be steady, and wages should rise…
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