805, 2015

You don’t have to be a ‘loser’

By |May 8th, 2015|Financial Freedom, Interest Rates, Property Investment, Wealth|0 Comments

You don’t have to be a ‘loser’…..

The Reserve Bank’s duty is to maintain “the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people.”

It’s a big ask!

This month’s decision to cut the cash rate by 25 basis points to a record low of 2% would not have been an […]

2702, 2015

Is there really only three things you can do with your income?

By |February 27th, 2015|Wealth|0 Comments

As a nation and as individuals the main economic problem we face is scarcity.

We have essential needs but we have unlimited wants and most of us have limited resources or income to satisfy those. Our dilemma forces us to make choices. As rational human beings it’s assumed that we all try to allocate our scarce […]

2202, 2015

Interest rates, what if?

By |February 22nd, 2015|Property Investment, Wealth|0 Comments

Interest rates are defined as ‘the cost of credit’, in other words it’s the price we pay for using other people’s money. Household debt in Australia is close to $2 trillion, around $80,000 per person. Obviously some owe a lot less and some of us owe a lot more!

Finance is crucial to economic activity; for […]