Most global stock markets and industrial commodities rallied this week, largely reflecting hopes that the Omicron coronavirus variant may cause only relatively mild symptoms. Despite widespread fear, early signs suggest concerns may be overblown due to mild nature of Omicron infections.
Hot off the press in December 2021! The Federal Government has re-released up to 4,650 spots on the Home Guarantee Scheme that allows first home buyers put down a 5% deposit and access to a 95% home loan from a panel of banks. Sound good? Here are some the details. Read Post
“I wish I had bought bitcoin in 2009…” Perhaps this is a phrase you have seen on a billboard, trying to entice you to invest in the new and exciting world of crypto. And with some of the recent media coverage, it is hard to not pay attention to the crypto market, especially the major cryptocurrencies like Bitcoin and Ethereum. Read Post
Markets rise and markets fall. This is the nature of regular market cycles. Sometimes when markets have a period of sharp falls in the short term, people forget about the long-term picture and get tunnel vision, focussing only on the short-term negativity. Read Post
Market sentiment was decidedly risk-off as the week ended amid reports of a new coronavirus strain concerning the WHO. The so-called Omicron variant has already spread fast, with two cases now detected in Australia as countries asses the risk and how to manage it.
Reading, (w)riting, (a)rithmetic. These were the three “R”s of days gone by to help people learn the skills for adulthood and the workforce. But what about financial education and skills? Did you receive the right framework to get on top of your finances? Read Post