What is going on with Interest Rates…

What is going on with Interest Rates…

I have asked you (my clients) many times if you want to know my opinion on why interest rates and house price are as they are. The clear answer is… NO ! What we do want from you – is what should we do… Let me go back a bit first. Every decade has had a defining...
What is a “Tracker Mortgage”?

What is a “Tracker Mortgage”?

A report from a government committee has suggested that Australian Banks be forced to issue “Tracker Mortgages” (Aust Financial Review 27 March 2024). Australian banks have unsurprisingly pushed back. A “tracker mortgage” supposedly “tracks” the Reserve Bank cash rate...
2024 The Year Ahead

2024 The Year Ahead

There are things that can be taken as almost certain this year – so let’s plan for them. On the money supply side: At some stage this year the Reserve Bank will start to reduce rates. When rates fall by 0.25% it is almost certain that banks will act with their usual...

Interest Rates Have Peaked

“The balance of risks now favour the prospect that the RBA is now on hold” – Bill Evans (The Australian Wed 2nd Aug 2023) I predicted quite some time ago that the “peak” of this interest rate cycle would be 6% (to you) and that you should plan around that – and...
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