Brisbane has been slowly gaining traction in property capital gains, as the median dwelling prices at $461,000. Property experts are predicting a growth slowdown in the market, making Brisbane ideal for investors, as it is “slowdown – proof”.
Investors have shown interest in Brisbane as it enjoys a steady increase in transaction and buyer interest. Over […]
The Australian economy has seen drastic changes in 2014 and the effects are expected to ripple through this year. What are the expected changes and how will the Australian landscape look for 2015?
Australian Dollar. The AU dollar has fallen to US81 cents. This is favourable to help the economy transition to non – mining activity, […]
Investment Bank Credit Suisse recently conducted the fifth annual study of global wealth trends and found out that Australians are the richest in the world at a median wealth of $US 225,000, with around 60% of household relying heavily on Property.
Only 6% of Australians are living at a wealth below $10,000 compared to 70% of […]
The Australian Dollar has been on a downward spiral as it finished below US 90¢ from a high of $1.10 back in 2011. Is the Australian economy weakening, or is there a valid reason for the currency drop?
The United States economy has been recovering for the past months, making the US dollar stronger and inversely, […]
It was almost certain that electricity demand will increase as it has been the trend for over a century. Our consumption has been increasing year over year – even when the economy was at its lowest point, so it came as a surprise 4 years ago when that trend changed; electricity demand has dropped – […]
A new oil province may be emerging in the country as US oil company Apache discovered oil in the North West coast. Apache’s Phoenix South-1 well was targeting gas when it dug up an oil deposit that can potentially produce 300 million barrels of oil. Apache’s International Chief Operating Officer Thomas Voytovich said that drilling […]
The global economy is holding its breath as China records its lowest manufacturing output in seven months, adding to speculations that a global market slowdown is imminent.
The HSBC Purchasing Managers Index for February ended at 48.3, dropping from January’s 49.5. An index below 50 shows that there is tightening in the sector. Equities in the […]
David Jones and Myer are in trouble of losing their grip on the market. These 2 major retailers have been in existence – David Jones, for 175 years, and Myer for around 113. With the changes in the retail landscape, both have been victims of new cultures and traditions overpowering the old.
No one saw this […]
Ross Gittins, one of Australia’s top economic commentators outlines the reforms that shaped Australia’s economic landscape. While the nation has its share of ups and downs, Australia remains as one of the most prosperous. In this article he reveals the top 10 economic reforms that transformed the country.
The Australian dollar has been reliant on the […]
We’ve been hearing about the latest Inflation report ending at 2.7% for the past year, a little over the Reserve Bank’s expectation of 2%. But what really is Inflation and how does it affect your investments?
Inflation is the increase in price for commodities over a period of time. The effects of Inflation become clearer once […]
