Westpac’s CEO Peter King says the repossession of homes is near GFC levels, so should the Reserve Bank pause its interest rate torture for the overborrowed?
Westpac’s CEO Peter King says the repossession of homes is near GFC levels, so should the Reserve Bank pause its interest rate torture for the overborrowed?
In my article today, I’ve decided to revert to a hobby horse of mine, ridden since 2016. I have been very critical of the way the Australian Electoral Commission has been handling federal general elections.
Westpac’s CEO Peter King says the repossession of homes is near GFC levels, so should the Reserve Bank pause its interest rate torture for the overborrowed?
How scared are you? How would you play a US recession? What stocks are the smarties buying?
Governments are never going house our growing population. It’s time they recognised that and supported private industry more.
I never get too stressed about a new government unless they’re promising really worrying ‘stuff’. So in picking an election winner, I often use the method I employ when I’m invited to the races.
When the Fed just raised rates by 0.25% the stock market surged. Then too much blabbering took the market down…
A forgotten group are ex-students straddled with big HECS debts that are building faster than usual because of 7.8% inflation, and stopping young borrowers from getting into the property market.
What should pre-retirees do to avoid a poverty trap once they leave work for good?
The US banking crisis has a way to go before we can say it’s all over. I suspect this will be an important week for banks under pressure from their customers trying to withdraw their deposits.
All Aussie businesses and consumers have been given another wake-up call about the threat of cybercrime and password security, with another local firm hacked by online thieves.
The bank fear and loathing on global financial markets took a turn for the worst with the huge investment bank Credit Suisse in a spot of bother.
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