Just like somebody trapped in a bad relationship which they fear to stay but cannot leave, Australians continue to dislike the big four banks yet flood to them for comfort.
Combined, the big four banks currently hold over three quarters (76.5%) of the value of all outstanding mortgages, …
Mark Latham’s behaviour, while unacceptable, is at least adding a bit of spice to an otherwise boring election campaign.
Neither party leader seems willing to get down off the fence in case they decide to stand for something that doesn’t sit well with middle Australia.
The behaviour of …
Government handouts, tax concessions and low interest rates are a lethal combination, especially when they are targeting the young first-home buyer.
Many first home buyers were lured into the residential housing market by government handouts and cash rates at stimulus levels (3.00% at 8 April 2009) and couldn’t …
Mexico is renowned for its vivid culture, passionate people, fiery chillies and potent tequila but few people would contemplate the notion of retiring there.
Not according to the Mexican Government, which is running a campaign in the UK to promote the country as a destination for Britain’s elderly …
Inflation expectations are critical for investors considering inflation-linked bonds as a hedge against the effect of rising prices.
For example, the current yield on 10 year index-linked UK government bonds is 0.9%, compared to a yield of 3.3% on 10 year nominal bonds.
This shows that the market …
