Ukraine crisis leaves no room for wishful thinking

At time of writing, Russia is mobilizing for war and may be poised for a springtime invasion of the Ukrainina heartland, after having annexed the Crimea Black Seat peninsular. Reports of tens of thousands of Russian troops and military hardware, including artillery, tanks, warplanes and helicopters are massing and carrying out war “games” on all…

RBA may toughen home borrowing policy

Reserve Bank says tighter lending standards could stem real estate over-exuberance By business reporter Michael Janda Monday 10 Mar 2014  ABC News At the end of last week, the Reserve Bank offered a possible glimpse of the future for its housing market policy. That future may be macroprudential policies and, judging from the comments by…

Don’t worry until rates actually start to rise

Falcons in the gyre, or something. A second coming and how Pimco works By Dan McCrum | 4 March 2014 Given that a certain Secretariat of the world’s biggest bond fund has attracted some attention of late, lets give the newest investment outlook from Pimco’s Bill Gross the once over. That picture, along with a…

How Gen Y is driving shifts in property demand

  Shifting household formation drives rise and fall in demand THERE is a single demographic driver that underpins the residential property industry and that varies from city to city and from year to year. And it’s not the rate of population growth, although that is a contributory factor. The thing that drives demand for houses…

Plan to lessen possible Aged Pension cut

On 5 April 2013, the then Federal Government announced several changes to superannuation, including increases to the pre-tax amount that can be contributed. However, an overlooked change was one measure that’s due to take effect next 1 January. Proposed changes to the social security income test assessment rules will impact on new account-based income streams…