The RBA gave evidence to the Senate Select Committee on the cost of living that about 800,000 loan facilities to change from low fixed rates (entered into during Covid at around 2%) to the much higher variable rates approx 6%.
“About 1/3 of the housing credit is fixed and we think about half of half of that will be rolling off these low fixed rates this year”.
Self-managed super funds can be a very effective structure for the right client. The main attraction is control. Rather than having decisions, which include investment…
Recent events in the Middle East have increased uncertainty in financial markets. A key issue is the Strait of Hormuz, which is an important route…
Silver, whilst being used predominantly as an industrial metal these days, was once a monetary metal. We believe that the demand for silver as an…