Aussie housing facing strong headwinds

Aussie housing facing strong headwinds The Australian housing market is in a more precarious position than the United States was before the global financial crisis (GFC), according to a new analysis from AMP Capital which shows households have frittered away record income rises by taking on debt to buy housing. Our mortgage-related debt is higher, property gross rental yields lower (suggesting over-valuation) and our prevailing interest rates are much lower leaving less buffer for interest …

The Aussie economy in 2019; it’s not boom but it’s not doom either

The Aussie economy in 2019; it’s not boom but it’s not doom either Investors might be confused about the mixed news coming out late last year for the Australian economy and what it means for returns and rates. Economic growth has been okay, and unemployment has fallen to five per cent which is quite low by Australian standards. But we’re also seeing ongoing weakness in house prices. Some say house price falls could be worse …

Your wedding windfall

Your wedding windfall The average Aussie couple are spending around $65k on their big day. By making some smart wedding budget choices you could be investing that money for a better financial future. Let’s take a look at how saving $30k on your wedding could help you out with other lifestyle goals. Online source: Produced by The Financial Financial Planning Association of Australia and published on 15 June 2017.  Original article.  

Aussie attitudes to finance across the generations

Aussie attitudes to finance across the generations From Gen Y to Gen X to the Boomers, are attitudes to finance really that different between the generations? “Young people don’t understand the value of working hard and saving for the future.” “Baby Boomers are ruining our chance to buy a home.” People of all ages will express opinions about the older or younger generations, but are we actually any different in our attitudes to finance? The …

Aussie banks are OK but there’s better value overseas

Aussie banks are OK but there’s better value overseas 04 October 2017 Banks globally are better value than local banks for share market investors but our “big four” still don’t look overvalued, says Shane Oliver, AMP Capital head of Investment Strategy and Chief Economist. “Going forward in an absolute sense the banks look ok. P/Es [price earnings] multiples are a little under the market average multiples in Australia and dividend yields are still good.“There is …

Aussie equities still remain a good long-term bet

11 August 2017 Aussie equities still remain a good long-term bet Australian equities have been getting bad press with some investors warning they are significantly overvalued. The narrative goes that we’re in the midst of a housing bubble that will blow up and take the share market down with it. Like every story there are elements of truth to this, but if you silence the noise and take a long-term view – as most investors …

Sun shines on local holidays

  Sun shines on local holidays No matter how far and wide they roam, Aussies still love to call Australia home. Increasingly we are seeing this Great Southern Land as an attractive alternative to holidaying overseas. For a while, the lure of exotic destinations was enhanced by the Aussie dollar’s buying power as it soared against foreign currencies. Value for money That was then. From its high of US$1.10, the Aussie dollar has dipped below …