by admin | May 15, 2024 | Ask Alan News
The Council of Social Services (ACOSS) always makes a submission to the budget. This year it notes that the top 10% of Australians have over $5.2 million in net wealth and that the gap between the top 10% and those below is somehow inherently wrong. It also notes that...
by admin | Jan 30, 2024 | Ask Alan News
There are things that can be taken as almost certain this year – so let’s plan for them. On the money supply side: At some stage this year the Reserve Bank will start to reduce rates. When rates fall by 0.25% it is almost certain that banks will act with their usual...
by admin | Mar 7, 2023 | Ask Alan News
Covid came along and no government in the world quite knew how to respond… they planned for the worst. We were all locked up. While they developed a vaccine. Which meant businesses and people lives were about to be financially destroyed. Government: Created Job Keeper...
by admin | Mar 7, 2023 | Ask Alan News
Fortnightly …. To Be or Not to Be …. I can tell from the questions I am being asked that rates are starting to have an effect and people are being not only more careful with their money but also trying to create additional value. Tell me who “hasn’t” heard that paying...
by admin | Mar 25, 2022 | Ask Alan News, Interest Rates
I am writing again – to let you know how I think the interest rate scenario will unfold in 2022 and how to prepare together. We each have roles. The pieces are falling into place for the Reserve Bank to start to lift the cash rate. Inflation between 2% and 3%...