Australian retail cash deposits are at a record high of $560 billion, an 8.9% increase for the year to March and 1.5% increase for the quarter to March, according to the latest CoreData Australian Cash report.
Credit unions, interestingly enough, have been growing at an above system rate …
For the past six months at CoreData we have been scanning the data waiting for the first signs that Australians are starting to fall out of love with cash.
Here’s the theory – when an economy starts to emerge from a holding pattern, the first sign that something …
The mortgage market is in a state of flux as the warring between the Big Four continues to resemble a game of chess, each player carefully considering their next move.
From the CBA’s decision to hike rates above the official cash rate in November to NAB’s Valentine’s Day …
The Commonwealth Bank continues to remain the unrivalled deposit institution of choice for Australians.
The bank generally does not offer a very competitive rate, but does offer the perception of security and overwhelmingly makes the task of depositing cash easy – both of which overwhelm the need for …
US house prices have now receded for a staggering 57 consecutive months in a row, new data revealed this week.
To compound the misery, the first three months of 2011 combined accounted for the largest quarterly retreat in prices since late 2008 – posing the question; how low …
The ultra weak US dollar appears to have a stronger correlation with the stratospheric rise in the gold price, rather than the broadly accepted notion of the latter being an anti-inflationary investment.
Inflation, while up in most countries compared to benign levels over the past decade, does not …
