Hot on the heels of an unpopular Federal budget, consumer confidence has reportedly dropped faster in May 2014 than when the GFC unfolded in 2008. Typically, as consumers become more pessimistic they save rather than spend, and are less willing to take economic risks. In
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In This Article Synopsis Introduction What Is NRAS? What Impact Does NRAS Have? What’s Good (In Principle) About NRAS? What’s Bad (In Principle) About NRAS? What’s Dangerous About NRAS? The Budget Impact Recommended Action Synopsis The decision to no longer proceed with the fifth round
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Migration is essential to Australia’s economic and social prosperity. Why We Need Migrants Although migration does have a troubled social past, our country has been forged on the backs of hard working immigrants, whether from the UK, Europe, Asia or elsewhere. Yes, there are culture
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Smokin’ Joe Hockey delivered his first Federal budget last night, and he followed through on his promise of pain before gain. It should be remembered that some of the welfare clawbacks are Howard handouts from a decade ago (pre GFC) when the economy was in
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With the upcoming Federal budget just around the corner, ACT property owners should be shaking in their shoes. Why? Because noises coming from the Federal Government indicate cost savings in the budget which means public sector redundancies and job losses of a scale not seen
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A Guide To Property Developing Are you a budding Bob or Betty the builder? If so then you may be interested in the possibility of making money with property developing. What Is Property Developing? In a nutshell, developing real estate involves taking a property as
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Of all the property markets in Australia, my expectations for house price growth is least positive in SA.The political instability that will exist with a minority government, coupled with the recent significant increase in unemployment, coupled with the closure of the Holden factory, all combine
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Employment data released today by the ABS points to unexpected job growth by the Australian economy.It seems that most economists were predicting an increase in unemployment, when in fact the number fell from 6.1% to 5.8%.Taking a closer look at the State by State numbers
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We all know the Aussie property prices have been on the up and up across the country lately, but what’s the likelihood it’s all going to end in tears as values plummet? A ‘price crash’ is definitely economically possible – just look at what happened
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You will almost always get a better financial outcome by renting rather than owning a home, provided you invest your capital and savings (from renting) astutely. Consider this real life example: A property apprentice recently asked me to help her quantify which was better: owning
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