With much of Australia shivering through its coldest winter in decades, a freeze is also being felt by thousands of everyday investors whose funds have been locked up in a troubled mortgage fund. Angas Securities has frozen redemptions from its $200million mortgage debenture fund until at least December 2016 due to serious financial troubles. The […]
Economic Overview The global economic backdrop remained mixed in the June quarter. Continued recovery in the US and modest gains in Europe and Japan were offset by a continuing slowdown in China, weak commodity prices and Greece’s recurring debt woes. Globally, monetary policy remains highly accommodative. However, the US Federal reserve has declared its intention […]
Greece and its debt obligations (and default) are back on the agenda in a big way and that means a whole host of experts are filling media air time and column space with what they think will happen next. They don’t know, but they’ll happily tell you they do. If you’re in the market for […]
In one corner there are the private economists who might be pushing the subject of their books. In the other corner there are the industry and bank economists who might be protecting their employers’ interests. What are we talking about? The great Australian real estate bubble debate. It kicked off again this week when the […]
Federal Government has handed down the Budget for 2015-16. As foreshadowed, the Budget contained few surprises with a number of announcements made in the previous weeks. Here’s our overview of areas of interest, as always it is important to note that the Budget announcements are still only proposals at this stage. As you may remember […]