http://www.youtube.com/watch?v=0lHj_X4mLIk

Despite oil prices falling around 23% over the past two months, we are still paying high prices at the pump. The reason for this is that the Australian dollar has also fallen around 14% against the US dollar during the same period, which has effectively eroded any benefit from lower oil prices.
If the price of […]

http://www.youtube.com/watch?v=e062fJLuuaw

Next Tuesday the RBA will meet again and it is almost certain, given the current economic conditions, that the official interest rate will be reduced. It is also likely that we will see further cuts over the next year which is exciting news for those who currently hold high levels of debt.
Reducing interest rates will […]

http://www.youtube.com/watch?v=g3qrc0_KL2g

With the significant pull backs in the market of late, the managed funds have commenced their old clichés’ of ‘time in the market’ rather than ‘timing the market’ in an attempt to allay investor’s fears. The issue I have with this is that ‘time in the market’ is probably the most perpetuated myth in the […]

http://www.youtube.com/watch?v=Q0AjrEBIO6o

Reporting season is always interesting and so far it has not let us down. On Wednesday the Commonwealth Bank announced a $4.7 billion dollar profit, which equates to a massive $90 million dollars per week. Now call me cynical, but over the last 12 months the banks have informed us how hard they […]

http://www.youtube.com/watch?v=0rYebaw2Wbg

This week the reserve bank has hinted at a possible rate cut in the near future, and with oil prices falling heavily over the past few weeks, it appears as though the table may be turning for consumers. While it is still too early to determine whether the worst is over, any reduction in the […]