by admin | May 15, 2024 | Ask Alan News
The Council of Social Services (ACOSS) always makes a submission to the budget. This year it notes that the top 10% of Australians have over $5.2 million in net wealth and that the gap between the top 10% and those below is somehow inherently wrong. It also notes that...
by admin | May 3, 2023 | Ask Alan News
Should it surprise us that 100% of economists on Monday became only 70% of economists by Wednesday? I will carefully analyse what the Reserve Bank board says as well as Bill Evans. I think it is possible that with this Reserve Bank board undergoing significant change...
by admin | May 2, 2023 | Ask Alan News
I am always open to opportunities with new lenders for my new to bank clients. Under BID (Best Interest Duty) my obligations are clear – and they are obligations on me personally. Banks have absolutely no obligations under BID. This means that in the...
by admin | Mar 7, 2023 | Ask Alan News
With the Reserve Bank likely lifting rates later today – how best to plan ahead. I asked two clients recently if they were interested in hearing why rates are being lifted – and their answer could not have been clearer … “no – we read your emails because you tell us...
by admin | Mar 7, 2023 | Ask Alan News
I cannot count the number of times in my 25 years of mortgage broking I have heard the “I’m waiting for the crash” reason for delaying a buying decision. First – EVERY buyer (me included) hopes for property to be “down” 5 minutes before they buy and then “up” 5...