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