Why The Cuts?
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The RBA is all too aware of the implications on the housing market of a sustained low interest rate environment.
The Super Revolution
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At the recent business partner briefing we spoke about the world of the Self Managed Super Fund. In short, it’s not just the new super environment; we see it as a financial revolution. This is because on average in the past financial year there have been over 184 Australians PER DAY starting an SMSF, double the number in 2010. There is no other sector of the financial industry that is experiencing this exponential growth, and we expect this trend to continue.
Baby Boomers, the Future and Beyond!!
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You can usually find this somewhat opinionated generation appearing daily on our TV or radio networks lecturing us with their infinite wisdom of how things were done in their day. As much as this is a generalisation, the Baby Boomer cohort are really our much beloved parents or grandparents. However, if you ask the government they are defined as those born between 1946 and 1965. In 2011, the first of the Baby Boomers (born in 1946) reached the official preservation age of 65 and began to retire.
RP Data’s findings – Buying vs Renting
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Last week RP Data released its new buy vs rent report. Unfortunately, many of you would have missed this report as like our weekly newsletter I am sure RP Data’s email gets forwarded straight into your deleted items or into the ‘too long basket’ or the ‘I’ll read later but never do’ folder. These emails are chock full of information and stats that are related directly to your industry, and your job so do read them.
Rates and Races
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While most of us are focusing on ‘the race that stops the nation’, the RBA board are deciding what to do with interest rates before its extended Christmas hiatus.
