Last Friday on my drive home from work, while sitting in the usual afternoon traffic snarl and listening to the radio in my car, I was shocked by a news story regarding the death toll from traffic accidents during the Thai New Year celebrations – 397 people in just seven days. To put this into […]
Remember the good old days? When you could put your money with a bank and receive a real return? That simple experience is drifting further and further away from Australian investors today. Interest rates continue to fall and the press celebrates the effects on borrowers, forgetting about Australian savers and investors who rely on interest […]
In recent weeks, the media has been overrun with commentary about what the 2016 federal budget may contain in relation to superannuation. But this year – things are a little different. The Australian Federal Government has already departed from convention by bringing the budget forward by one week. The budget is usually brought down annually […]
Each quarter the Reserve Bank (RBA) releases its selected ratios of household finances. The latest data for December 2015 shows the ratio of household and housing debt to disposable income has continued to climb. The latest ratios of household finances highlight that the ratio of debt to disposable income is at a record high however, […]