A recent article I read highlighted the risks posed by social media, in particular the huge amounts of personal information we often provide so freely. Being Christmas, I thought it a good time to remind everyone that social media is a public forum. Don’t put things online that you wouldn’t want your worst enemy to know!
Here are a few important tips to keep you, and your family, and house, safe this Christmas: Continue reading Social Media Savy
Now for a little bit of humour shared with me recently:
Three contractors are bidding to fix a broken fence at Government House.One is from Cabramatta, another is from Marrickville, and the third is from Lane Cove.
Every now and then, I do something I am particularly embarrassed by… This year, it is trying to grow a Mo. I am not a hairy man, which does save me lots of cash on razors, but on the flip side, does make Movember a challenging affair.
Check out my video blog (and donation appeal) below.
At today’s meeting the Reserve Bank of Australia (RBA) reduced the cash rate by 0.25% to 3.25% pa.
The global economy is slowing further, China taking the heat off is impacting the Aussie world. Commodity prices have been falling, hitting many miners and related sectors. Fortescue being an obvious one having to renegotiate debts. The retail sector has continued to suffer, with the industry crying out for this cut today.
Mixed messages and thoughts from Aussie economists today as RBA leaves the rates the same. Without a crystal ball, who knows? I know that house prices persist at high multiples, and commercial business is mixed between dying and booming depending on what sector it is pegged to.
At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.
Full statement available from RBA Website.
Craig James, Commonwealth Bank’s chief economic wizard, made note of the slow economy, inflation figures are low and nothing much is really taking off, so the RBA is in a tough spot of trying to balance it all out. I look forward to seeing our small businesses growing again soon…
At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.
Full statement available from RBA Website.
Ross Caruso of WRS provides a run down of Business Succession Planning (click to read his blog).
Ross Caruso of WRS provides a run down of Key Person Business Protection Insurance.
The Australian Bureau of Statistics (ABS) today released unexpectedly high growth results for the March quarter.
What’s the summary? Australian’s are spending well as consumption growth is a key driver in this growth. This should be supporting retailers, but their cost pressures may be biting.
Are you spending more?
At today’s meeting the Reserve Bank of Australia (RBA) cited the rocky markets overseas and came good on the “expected” interest rate drop. 0.25% should shave about $50 per month off the average $300,000 mortgage. What sort of rates will the banks pass on and what impact does it have on you? Comments welcome.
Governed Glenn Stevens’ media release points to European economic concerns, and rising costs of finance for our banks. Amongst other things this lead to a “more accommodative stance of monetary policy”. What do our depositors think?
