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Archive for the Mortgages & Lending Category
Painful Inexperience

The flood of first home buyers pouring into the Australian property market is a worrying development at this time in the economic cycle.

As such, many may soon find the excitement of owning their own place short lived as job losses…

A Licence To… Print Money

According to the ancient and fundamental text of Chinese philosophy, Tao Te Ching, “you govern a kingdom by normal moves; you fight a war by exceptional moves“.

Taoism is not normally associated with the Bank of England, but it has decided…

Trillion Dollar Baby

A mortgage milestone will soon be reached in Australia – the consolidated $1 trillion outstanding mortgage book – yet whether this is a cause to celebrate or not remains unclear.

It’s likely there will be no champagne falling from the heavens,…

Margin For Error

The slow train wreck that is margin lending continues its downward spiral, with the Reserve Bank of Australia revealing on Friday that margin calls in the final quarter of 2008 hit an all time high.

In its February Statement on Monetary…

A Sorry Situation

The British public has developed an insatiable, and some suggest an unhealthy, obsession with celebrities over the past few years with a dozen or so tabloids feeding this appetite on a daily basis with a bounty of forest-felling salacious stories.

Yet…

Where To Now?

The global financial crisis has highlighted the flaws in the financial system and has spread around the world, from market to market from sector to sector with the increasing swiftness of a locomotive running down a hill.

Indeed, the size of…

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