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  • RBA Rate Cut

    • 04/06/2019
    • Posted by: Nick Lucey
    • Category: Advice, ASX 200, Banking, Economics, Finance & accounting, Financial Planning, Legislation, Mortgage Broking, Purchasing Property
    No Comments

    Hi Everyone, I hope you are well on this day of great news! As you have probably seen or heard, today, the Reserve Bank of Australia cut the cash rate from 1.5% to 1.25%. This is the lowest it has ever been and the first change since August 2016. You can see the full statement

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  • July Update

    • 31/07/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Financial Planning, Purchasing Property
    No Comments

    July 2018 Update   Summary points   RBA kept rates on hold at 1.5% at its meeting this month. GDP Growth has averaged 2.5% over the last 5 years, which is slightly below estimates. Forecasts for GDP growth remain slightly above 3%. dwelling investment has gone from making a positive contribution to growth two years

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  • Budget 2018: How the income tax cuts will affect you

    • 08/05/2018
    • Posted by: Hostify Support
    • Category: Economics, Federal Budget, Legislation
    No Comments

    The government announced a seven-year Personal Income Tax Plan in it’s budget What’s changing? After weeks of speculation, treasurer Scott Morrison has confirmed a range of income tax cuts for Australian workers in tonight’s federal budget under a seven-year Personal Income Tax Plan. The plan will provide immediate tax offsets to working Australians, and will

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  • RBA Leaves Rates on Hold

    • 01/05/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Financial Planning, International, Legislation, money
    No Comments

    I have summarised some key points from the RBA’s release and the whole statement can be found here. Key Points At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. In the United States,

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  • Should I pay off my mortgage or contribute more to super?

    • 16/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Finance & accounting, Financial Planning, Investments, loans, money, Mortgage Broking, Superannuation
    No Comments

    Whether super or your home loan is the best place for any spare money you might have will depend on your age, income, interest rates, returns and your personal circumstances. Both options have pros and cons—consider how these relate to you. Reducing your mortgage Focusing on repaying your home loan will reduce your overall amount of debt,

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  • This week’s market wrap

    • 06/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Finance & accounting, Financial Planning, Investments, SMSF, Superannuation
    No Comments

    https://www.youtube.com/user/CommSecTV  

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  • Cash Rate Unchanged – Economic Update

    • 04/04/2018
    • Posted by: Nick Lucey
    • Category: Economics, Federal Budget, International, Legislation
    No Comments

    At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. the full statement can be found here, or you can read the below points. Summary points The global Economy has grown and unemployment figures have decreased. All Australian States have recorded increased levels of employment. The current unemployment rate in

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  • ASX Winners and Losers of 2017

    • 08/01/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Finance & accounting, Investments
    1 Comment

    The presents have been given, the Christmas pudding has settled, and wine bottles have run dry. It’s this time of year that we take stock of what’s in the review mirror and plan for what lies ahead. In particularly, I like to see what the ASX winners and losers of 2017 were and how hard

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