Even though the GFC is now a fading acronym in most economists’ minds, the effects of 2008’s worldwide glitch in the fiscal matrix are still having a few ripple effects in Australia’s banking sector.
READ POSTSix years is a long time in the globally enmeshed, modern world of high finance. It was only 2008 when the warning bells alarmed for Aussie lenders; as we watched the US and much of Europe become an example, illustrating why a glut of sub-prime (read dodgy) mortgages can be your country’s economic undoing.
READ POSTProperty investors…have you noticed the avalanche of information coming your way of late regarding ‘the new black’ when it comes to using residential real estate assets for your retirement fund?
READ POSTA so called avalanche of ‘auto-pilot investors’; mums and dads still reluctant from past share market casualties being enticed into real estate by the current low interest rate environment, are causing a mini-boom of sorts around some property hubs across inner city Sydney, Brisbane and Melbourne.
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