Regulators announced the closure of Silicon Valley Bank on March 10, an institution that specialized in providing banking and financial services to the technology and life sciences industries as well as private equity and venture capital firms. “Nearly half” of U.S. venture‑backed technology and ... Read more
Archives for March 2023
Economic and Market Update by Aziz Meherali
Market volatility in 2023 has been like Episode 70, Part Two of a sit-com series started in 2022. What the market made in January of this year has now been all but given up in February with volatility continuing to put investors at unease. In my write-up in our December 2022 Newsletter, I had ... Read more
Construction loans by David Agius
If you’re thinking of building your own home or doing a major renovation on your existing home, you’ll need to be familiar with the ins-and-outs of construction loans. Construction loans are not as straightforward as standard home loans. There are additional decisions to be made about the structure ... Read more
Home Made Crunchy Granola Recipe – by Evan Cormack
Home Made Crunchy Granola Ingredients 2 cups traditional rolled oats 1 cup flaked almonds 1/3 cup macadamia nuts 1/3 cup hazelnuts ½ cup sultanas 1 tbsp. mixed spice 1/3 cup honey 1 ½ tbsp vegetable oil (can substitute coconut oil if ... Read more
Media ReleaseStatement by Philip Lowe, Governor: Monetary Policy Decision
Number 2023-07 Date 7 March 2023 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent. Global inflation remains very high. In ... Read more