by Nick Rainsford | 7 Dec 2015 | Business, General, Home loans, Investments, SMSF
We are always asked our opinion as to which way lending rates will be moving next. Our standard response is to point towards the RBA statements and recent economists but politely dodge the question. As part of our credit licence we cannot give specific advice. The...
by Nick Rainsford | 28 Nov 2015 | Business, General
The headlines of a few months ago citing a professional body that predicted a very high percentage of jobs will be lost to automation (or robots) are now this months worm food. Still let’s reflect on where we currently stand compared to just two decades ago. In...
by Nick Rainsford | 22 Nov 2015 | Business, General, Home loans, Leasing
When we first purchase a home we breathe a sigh of relief. After a while though (and perhaps a pay rise or two later) we start thinking about our second largest asset. Ours car. Before I get onto cars, let’s briefly delve into a few facts that may or may not apply to...
by Nick Rainsford | 11 Nov 2015 | Business, General, Investments
A few weeks ago, I wrote an article entitled Picking Winners. It has since been pointed out to me by a few readers that the opposite is in fact true in banking. That is, banks look into a crystal ball and through the eyes of their credit management try and pick the...
by Nick Rainsford | 1 Nov 2015 | Business, General, Home loans, Investments, SMSF, Uncategorized
By the end of last week all four of Australia’s major banks had raised or were going to raise rates on housing finance. They were joined by – what was once – Australia’s largest investment bank. The rate rises are as follows: BankRate Increase ANZ0.18% CBA0.15%...
by Nick Rainsford | 1 Nov 2015 | Business, General, Investments, SMSF
As we head into Melbourne Cup week when we all hope to be picking winners – traditionally the end of the year and the beginning of the festive season – I thought it would be worth reflecting on the businesses that could have been if governments had decided to pick...
