Yep, I am going with the wife. In a falling market risk mitigation has to be the priority. Also if you go with your plan and you are wrong, your...
Seems to me if I had the massive level of debt that Nathan admits to and I believed a depression to rival 1929 was about to arrive, then I would...
According to CoreLogic, Sydney is already at -3.66% YoY so SQN might be low balling it some, unless they believe it is somehow going to stabilise...
The RBA won't be raising rates anytime soon. Inflation is still below their target band and wage growth is miniscule. If the economy continues to...
I think what you will find is that the smart investors have already taken those steps. Taken their profits and reduced their debt. It's the...
Securitising sketchy mortgages. What could possibly go wrong :(
Australian equities face more than enough challenges at the moment. Weakening iron ore and coal price, banking royal commission (the big 4 are...
That's the bottom line. A credit crunch means less profits and the only way to claw some profits back is to increase margins on existing loans....
[ATTACH] When you take in to account transaction costs and interest, on average, if you purchased in the last 12 months you are likely in the...
Negative gearing is gone next year, time to just accept it. Capital gains tax discount is also going to be greatly reduced. Labor could guarantee...
The RBA is in a no win situation. If they reduce rates in the face of a growing number of defaults they jeopardize the AAA rating. Lose the AAA...
Exactly, the big 4 banks have an extensive branch network to fall back on, unlike much of their current competition who rely on their broker...
So if trail commissions are removed after the RC, surely that means the upfront commission has to increase? Otherwise the Customer Lifetime Value...
To be fair Peter, allowing people to borrow more than they can afford to payback has a tendency to destroy lives also, particularly if property...
The basic HEM is ridiculously low, the lavish HEM is much closer to reality. The fact that APRA is now demanding greater due diligence by lenders...
I'll play ;). How about RBA rate DECREASE within 2 years and multiple out of cycle rate rises by the big 4 in the same time period.
With the benefit of hindsight, it does seem a little ironic naming a financial institution 'Pyramid"...
I can remember buying my first house in 1989 and getting a loan was really tough. Credit was in short supply and qualifying, particularly on one...
Bank + loyalty = oxymoron. Strange the ACCC stops sitting on its hands, coincidently on day three of the royal commission. No doubt any day now...
Clearly I don't have any of the numbers but prima facie, it seems hard to justify 3.7million IO to a nurse in her late 60's. Doesn't seem to fit...
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