Added on: Friday, February 12th, 2010 15:18 pm
Keywords: Barak Obama, First Home Owners Boost, GFC, House Price Index, IMF, Investment Manager Outlook, Monetary Policy, RBA, Rice Warner, Russell Investments, World Economic Outlook
Is it just me, or is everything heading in the same direction – up?
For the twelve months to December 2009, the All Ordinaries Index finished up 33% from where it finished 2008. Buoyed by China’s continuing appetite for our resources, improving global fundamentals and recent indications of a strengthening Australian economy, many economists now agree that Australia’s share market will most certainly finish 2010 much higher than where it began. … more
Added on: Thursday, December 24th, 2009 11:15 am
Keywords: APRA, Cooper review, dollar cost averaging, Global Financial Crisis, Henry review, IFSA, Ripoll Inquiry, Risk, World Economic Forum Financial Development
It would be nice to end to year with the ability to write something very profound. Alas, nothing springs to mind. To be completely honest, after such an incredible year, I’m looking forward to putting 2009 well behind me and moving on. But before I do, I thought I’d leave you with my thoughts on 2009 and a link my recent ‘2009 - Gone but not forgotten’ RaboPlus Positive Interest article for you to ponder. Have a great Christmas and New Year! Let’s hope for happier investing in 2010!
Added on: Tuesday, December 22nd, 2009 10:36 am
Keywords: ASIC, Federal Court, Santa, Westpoint
Victims of the failed Westpoint group continue to get paid. … more
Added on: Tuesday, November 10th, 2009 8:36 am
Keywords: ASIC, PIS, Storm Financial, Westpoint
For anyone who may have caught the headlines recently, victims of Westpoint and Storm Financial are starting to recoup some of the multi-million dollar losses they have suffered at the hand of questionable advice practices.
Added on: Tuesday, September 29th, 2009 13:34 pm
Keywords: Ben Bernanke, Monetary Policy, Official Cash Rate, Reserve Bank of Australia, US Federal Reserve
Despite very clear indications that the banks are already beginning to increase mortgage rates to improve profit margins, the Official Cash Rate (OCR) remains stable at 3%, at least for now.
Having had time to absorb the contents of the Minutes from the Reserve Bank of Australia’s (RBA) August meeting, markets have priced in a move in October as unlikely, November as a possibility and a 0.25% increase from 3% to 3.25% by the end of 2009 as a certainty. However, the Minutes appear to paint the picture of a Board torn between caution and optimism. … more