by admin | Nov 14, 2023 | Ask Alan News
This time WHY matters. The 3-year bond rate in the US is 5.30%, the 10-year bond rate 4.65%. The 3-year bond rate in Aust is 4.35%, the 10-year bond rate is 4.75%. Banks BORROW to lend to you at the 3-year bond rate (among many other sources) – so money is COSTING the...
by admin | Aug 2, 2023 | Ask Alan News
“The balance of risks now favour the prospect that the RBA is now on hold” – Bill Evans (The Australian Wed 2nd Aug 2023) I predicted quite some time ago that the “peak” of this interest rate cycle would be 6% (to you) and that you should plan around that – and...
by admin | May 3, 2023 | Ask Alan News
Should it surprise us that 100% of economists on Monday became only 70% of economists by Wednesday? I will carefully analyse what the Reserve Bank board says as well as Bill Evans. I think it is possible that with this Reserve Bank board undergoing significant change...
by admin | May 3, 2023 | Ask Alan News
It is with a reasonable degree of confidence that I can say that interest rates have peaked (Bill Evans: The Weekend Australian: Sat 29th Apr: page 30). At the start of this cycle, I suggested that you plan for a peak of 5.5% (and more recently 6% just to cover a...
by admin | May 2, 2023 | Ask Alan News
I am always open to opportunities with new lenders for my new to bank clients. Under BID (Best Interest Duty) my obligations are clear – and they are obligations on me personally. Banks have absolutely no obligations under BID. This means that in the...
by admin | Mar 7, 2023 | Ask Alan News
With the Reserve Bank likely lifting rates later today – how best to plan ahead. I asked two clients recently if they were interested in hearing why rates are being lifted – and their answer could not have been clearer … “no – we read your emails because you tell us...
