With the RBA expected to increase rates today, we’re told of ‘more interest rate pain’. For whom? Certainly not for those who have savings.
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Another Contrarian Indicator Backing Gold
The bears are dominating the markets once again. How quickly things can change! But then, things appear to be different this time.
The Real Meaning of Wealth
Wealth is the result of combining ‘well’ and ‘health’. The real wealth in a family is measured by the health and wellbeing (physically and mentally) of its members.
Are Investors Assessing Businesses Correctly?
If a company has a long history of high ROE, we can certainly infer some kind of sustained business advantage allowing the company to generate consistently high returns. But, on this alone, can we conclude that the business will continue to generate high ROE?
Fortescue [ASX:FMG] Slumps on FY22 Results
Shares for Fortescue Metals Group [ASX:FMG] were down more than 4% on Monday after the iron ore miner announced FY22 results, despite announcing a hefty dividend.
Student Debt: Cancelled
Thanks to the Fed’s ultra-low interest rates and its ‘money printing’, our economy is burdened by US$90 trillion in debt. And Mr Biden has just shown us all how to get rid of it.





