Finance News
Happy New Year! And the good news is 2023 is starting to show some green shoots, following the pain of 2022. The Australian share market has had a great start to 2023 with our market hitting a fresh 8 month high this week. The All Ordinaries is around 3% away from its record high, which it reached…
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Well, here we are, the end of another year! Many of us will be looking forward to seeing the back of 2022, a year in which the cost of living skyrocketed, taking the cost of housing with it. This put pressure on household budgets, particularly for those in retirement, or with high levels of…
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It's been great to be back hosting Money News on Nine radio over the past few weeks, and in particular I've enjoyed chatting to analysts and experts about their reflections on 2022 and outlook for 2023. I must admit the forecast is mixed. Winners next year could be first home buyers as property prices soften further. Retirees…
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Are you a director of an Australian entity? If you are, or you’re not sure, keep reading. There are all kinds of directors in Australia. The obvious ones are directors of companies or trusts, but there are others as well. You could be a director if you run a charity, look after your local footy club, or…
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We’ve all heard by now that the RBA lifted interest rates again yesterday, this time by 0.25%, and I expect they’ll do the same again in December. We can see that the economy’s gears are starting to slow down, with property prices cooling and early signs that inflation might be calming down a bit…
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So last night was federal budget night, Jim Chalmers’ first as Treasurer and the first for the Albanese government. Here are my key take-aways: Australians don’t care how much debt the Government is in. Real wages will not start to grow until 2024, when unemployment is tipped to have increased by 1% to 4.5%. Electricity prices…
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With the constant fluctuations in markets and the economy in recent times, there’s never been a starker reminder of how big a problem financial literacy is in our community – or rather, financial illiteracy. From recent conversations I’ve had, it’s pretty clear a large percentage of people really struggle to understand what rising inflation…
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2022 has been a pretty extraordinary year when it comes to volatility and uncertainty. We’ve seen inflation ballooning, interest rates rising, the cost of living increasing, geopolitical concerns, share and property markets falling, and now the big “R” is looming: recession. Investors are nervous about US Federal Reserve Chairman Jerome Powell’s upcoming speech…
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