Finance News

NZ lifts rates by 0.5%, US expected to do the same – what about here?

27 May 2022
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The other night in the US, minutes from the May 3-4 meeting of the Federal Open Market Committee (FOMC) revealed members saw the need to raise rates faster than the market expected, in order to dampen inflation. The meeting resulted in a 50-basis-point rate hike, which was the biggest jump in 22 years. The FOMC said further such rate hikes…

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Albo vs Scomo: the real world impacts of pulling a political rabbit out of a hat

18 May 2022
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You now have just a few days to vote, and as expected both major parties have pulled a few rabbits out of their hats. But it’s quite staggering that even after all the restrictions and lockdowns, the pollies still haven’t worked out that we don’t like being told what to do.   In the COVID…

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The days of record-low interest rates are officially over

6 May 2022
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Unless you’ve been living under a rock this week, you will have heard that the RBA has lifted interest rates for the first time in a decade. Our official rate is now 0.35%.   Similarly, the US Fed lifted rates to 0.75%-1% and the Bank of England lifted their benchmark to 1%. Higher cash rates…

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The war might be in Ukraine, but we’re all going to feel it

10 March 2022
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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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How the floods up north and the war in Ukraine impact us all

2 March 2022
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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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Global sharemarkets are looking ugly on the back of Russia v Ukraine

24 February 2022
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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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You’ve heard of COVID-tentativeness, but what’s petrol-tentativeness?

9 February 2022
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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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