As we make the momentous transition from 2014 to 2015, ringing in another new year full of hope and possibilities, suggestions abound as to what the Reserve Bank should do with interest rates from hereon in.
READ POSTNotoriously outspoken regarding Australia’s so-called housing affordability crisis and a staunch critic of the negative gearing policies he believes to be the catalyst for over-inflated property values, Saul Eslake seemingly did a 360 recently, on the back of new evidence that our property markets may actually be undervalued.
READ POSTIt’s no secret that the GFC gave us all quite a scare. In fact, it seemingly shook us out of the imbalanced “debt is good” mindset we had started to embrace, and turned many younger Aussies back to the more diligent savings path their parents and grandparents had walked before them.
READ POSTInterest rates are cheap! We know this all too well after experiencing a lovely, lengthy reprieve from higher home loan repayments thanks to the Reserve Bank’s conservative fiscal management policies over the last 18 or so months.
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