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‘Burnout economy’: Horror RBA stats

Australia is in per capita recession. This means that the average individual’s share of economic output is shrinking.It is not a headline recession only because of rampant population growth, lifting aggregate output enough to prevent it.…

’Perfect storm’: Next bank to fall predicted

Renowned finance expert Robert Kiyosaki, best known for his successful prediction of the 2008 Lehman Brothers’ collapse that sparked the global financial crisis, has once again made waves with his latest forecast.Speaking on Cavuto: Coast…

Aussies facing now mortgage armageddon

The hits keep coming for Australian mortgage holders, with the Reserve Bank of Australia (RBA) on Tuesday hiking the official cash rate (OCR) another 0.25 per cent – the seventh consecutive monthly increase.The increase has sent the OCR to…

Brutal double blow for mortgage holders

It is Groundhog Day for Australia’s battle-weary mortgage holders, with the Reserve Bank of Australia (RBA) hiking the official cash rate (OCR) another 0.25 per cent on Tuesday – the sixth consecutive monthly increase.The good news was that…