Key Points The banking system is the main channel through which monetary policy impacts the economy. Higher interest rates over the past year have negatively impacted lending and banking profits which increases bank funding costs and can lead to weaknesses in specific organisations with existing vulnerabilities (like overexposure to lending in a specific industry) which … Read more
Retirement is a phase of life most of us look forward to. It’s a chance to pursue other interests, travel and maybe do some part-time work or volunteering. Thanks to more than 30 years of compulsory superannuation, we are retiring with more savings than previous generations but that also brings its challenges. According to the … Read more
Superannuation has dominated recent headlines, with proposed changes announced by Treasurer Jim Chalmers. While the details of these changes still need to be released, it’s worthwhile turning our focus to superannuation balances as we approach the end of financial year. There are lots of different ways to top up your super, but if you want … Read more
It’s fair to say that COVID took a toll on the working habits of Australians. Deep into lockdown and we were all getting slightly frayed around the edges. We knew we were all in this together. But we couldn’t help looking around and comparing our situation with those of friends and family in other walks … Read more
Key Points Housing demand in Australia is rising quickly because of a surge in net overseas migration. However, housing supply is not lifting in line with demand because of high interest rates and issues in the residential construction industry. This is causing a housing shortage in Australia. The housing shortage is putting upward pressure on … Read more
