Many years ago I recall watching the odd episode of Dr Who, but recently, on persistent “proclamation” of its entertainment value, my wife I and finally had a look…
Suffice to say, now I am hooked, but that vice aside, the 50th anniversary is approaching, and Google have innovatively engaged the public (no doubt with millions of hours lost productivity) with a new home page widget.
Recent crazy storms rolled through SE Qld, bringing some considerable hail and heavy winds.
Last Sunday, with storms rolling in and threats of hail pending, my brother-in-law and I left the family party we were at, and took our cars to my home, hiding them in the garage and under the deck. Less than 5 mins later we were hit with devastating hail larger than golf balls…
New anti-bikie laws have been introduced to combat the growing violence between gangs, particularly on the Gold Coast.
Just to point out how some rules can be a little over the top, aside from the likes of the Ulysses Club being potential targets, any affiliated group of bike riders with logos or insignia could fall foul…
Wealth Enhancers giving an update on the world. We share similar concerns around the current property market. Worth a read.
At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.
I have been reading a lot around the world at the moment regarding housing policy and economic stimulus. With the mining boom/bust or just wind down still playing out, and China been reported in different ways by a multitude of economists, there is a lot of conjecture in the markets.
On top of that, the ASX Accumulation Index just reached an all time high, so somewhere there is enough positive vibe running to keep people buying shares. What most are asking is when will I see it in my bank account? When does this prosperity start flowing back into the small business and retail sectors and seeing the average person “feeling wealthier”?
At today’s meeting the Reserve Bank of Australia (RBA) reduced the cash rate by 0.25% to 2.00% pa.
This will not be a surprise to many (including the average economist) with the “odds” yesterday at over 94% that it would go down. Now I’m no Tom Waterhouse but that seems like a favourite to win. Again this will be good news for property investors and mortgaged home owners.
Things have been a little slow around our great land, and the RBA is keeping this in mind as it measures up the chance of further cuts this year. No doubt the election fever will overwhelm it in the coming months.
“Children should not have to save up for their parents, but parents for their children.” 2 Cor 12:14 doesn’t beat around the bush!
God consistently instructs us to be a blessing to others, and not a burden, and in particular we are called to provide for our children (and their children!).The RBA brief is short today, basically I read it as saying, “lets wait and see what happens.” Do you think our economy is showing signs of recovery or still struggling?
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At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.
Full statement available from RBA Website.
At today’s meeting the Reserve Bank of Australia (RBA) reduced the cash rate by 0.25% to 2.75% pa.
While this is good news for the homeowners, many of our retiree clients are feeling the pinch on the deposit side of the coin (no pun intended).
The “peak investment” in the resource section statement seems to be the most troubling for our economy for the next few years, the miners have been pulling back heavily on wages and discretionary spending – much to the detriment of many small mining linked communities and many thousands of workers.
No changes today from the RBA. What are you hoping for? Are you a mortgagee hoping for rates to stay down, or a retiree hoping for TD rates to go up?
At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.
Full statement available from RBA Website.