New data shows people are diving into debt to attain the Aussie dream of owning their own home – $1.143 trillion of residential debt, in fact.
While interests rates are rising and borrowers are complaining, that isn’t stopping them taking on a massive debt burden, with outstanding residential …
You don’t search for something on the net anymore – you google it. If you cut your thumb, you don’t ask for a plaster but a band-aid. In the UK, they don’t vacuum clean, they Hoover.
These are just some examples of how prolific brands can become when …
One of the greatest hindrances to the financial advice industry (excluding consumer apathy and lack of trust) has to be the notion of intertemporal choice.
In basic terms, it’s the trade off between what something is perceived to be worth today versus what it might be worth …
Down here at burningpants we spend a lot of time examining the signals of the economy – looking for the signs that the choppy economic cycle we are in is ending and that we might return to what we think of as normal economic cycles.
To be honest …
The latest data on retail deposits shows there is $60 billion in cash still waiting for a home, as continued uncertainty keeps investors sitting on the sidelines.
The big four banks are the beneficiaries of the ‘wait and see’ attitude; they still hold almost three quarters of retail …
What is the key to success in financial planning?
Ask any retail investor and they will inevitably tell you that investment performance is the key to satisfaction with their financial planner.
But often these so-called hard factors, such as price and performance, are a red herring.
So …
