Australian housing slowdown Q&A – What impact will higher interest rates have? How far will prices fall? | AMP Capital

Australian housing slowdown Q&A – What impact will higher interest rates have? How far will prices fall? Key Points Australian home prices are likely to fall by 10% to 15% into 2024 primarily as a result of poor affordability and rising interest rates. The negative wealth effect from falling home prices should help limit how much the RBA raises rates. A change in Government is unlikely to significantly affect the outlook for home prices, but …

Ways to save on a night out

9 ways to save on a night out If a big weekend has ever left you penniless until payday, these pointers could be for you. How much cash did I spend last night? How many rounds did I buy? Why did I pay for so-and-so’s Uber when I know they’re never going to pay me back? If this sounds like a familiar scenario, come the morning after a big night out, it could have something …

10 money conversations to have when your relationship’s heating up

10 money conversations to have when your relationship’s heating up It’s probably not the sexiest thing the two of you have on the to-do list but putting it off could see you butting heads. Whether or not money issues got in the way of past relationships, you may be thinking, there’s no way you’re going to pull back on that long passionate kiss you might get after work today to drop the f bomb (I’m …

Salary sacrifice: A lot less painful than it sounds

Salary sacrifice: A lot less painful than it sounds Maybe you’ve heard about salary sacrifice as a way to increase your retirement savings. But did you know it can be a very tax-effective way to make voluntary super contributions? Find out how you could boost your retirement savings and pay less tax all in one go. What is salary sacrificing to super? In very simple terms, salary sacrificing into super means paying an amount from …

Interest rates likely to remain on hold until economic growth improves

11 August 2017 Interest rates likely to remain on hold until economic growth improves There is little chance the Reserve Bank of Australia will hike interest rates in the next six months, even though property prices are at record highs in some markets, according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “I can understand why people think maybe they should,” says Oliver. “But I think it’s a 2018 story, not …

5 Rules to Use Credit Cards. Rules to use credit cards prudently.

5 Rules to Use Credit Cards. Rules to use credit cards prudently. Credit cards are a norm in the society today and it would be unfair to say that credit cards come without their benefits. They allow their carrier an effective way out of a rough financial situation. If you need cash for your utility bills and yet can’t seem to manage these bills because you are short on cash, credit cards help ease these …