Please click on the link below: The Greek Situation ... Read more
Aust may need to weaken dollar: Bernanke
Australia would "have to respond" if a stubbornly high dollar was a drag on the economy, Former US Federal Reserve Chairman Ben Bernanke has said. Dr Bernanke also said prudential policies being used in Australia and other Commonwealth countries are "the best approach" to address ... Read more
RBA Rate Cut Decision and Notes
Please find below an excerpt from the RBA regarding the 0.25% rate cut decision to take the rate to 2% for your perusal:- Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, ... Read more
7th-largest economy? The answer might surprise you
CNBC – Sat, Apr 25, 2015 2:05 AM AEST If our oceans were considered a country, their worth would outshine the likes of Russia and Brazil's economies, according to a new report. The world's oceans are worth $24 trillion and generate $2.5 trillion in goods and services annually, making it ... Read more
“What I leaned in China” by Mark Sowerby of Blue Sky Alternative Investments
This is an excerpt from the April Blue Sky Newsletter written by Mark Sowerby that I thought was worth sharing:- Many Chinese have made good money over the last 10-15 years as the Chinese economy boomed. Many of them have saved substantial amounts of money and have been spooked by the ... Read more
Searching for yield: are hybrids the solution?
Thursday, February 12th, 2015 (Clime Asset Management) A good explanation on hybrids that is worth sharing given the recent string of offerings in the market place. Too often, these are 'sold' as replacement for Term Deposits by bankers to their clients. They are NOT so and do carry equity ... Read more
Interest Rate Drop Today — 3rd February 2015
Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015. Growth in the global economy continued at a moderate pace in 2014. China's growth was in line with ... Read more
Statement by Glenn Stevens, Governor: Monetary Policy Decision
Media Release Number 2014-18 Date 7 October 2014 At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace. China's growth has generally been in line with policymakers' ... Read more
The 8 biggest myths about rich people
September 30, 2014, 12:49 pm US News & World Report Yahoo7 Finance Here are eight stereotypes about rich people and names you know who break the mold. When we see rich people, either in our daily lives or in the media, we have assumptions about them. The markers of wealth ... Read more
Beware of banks bearing hybrids by Alan Kohler (Business Spectator)
There has recently been quite a lot of interest in the market for bank hybrids. This is because the large retiree market in Australia has been in search of increasing yield given the diminishing return from cash and term deposits over the past few years. The recent structure of hybrids (past 2 to ... Read more