Riding The Seesaw – The Property Imperative Weekly 10th August 2019

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents USA: 2:10 Goldman Sachs: 6:09 Europe: 8:16 Deutsche Bank: 9:30 China: 12:20 RBA SMP: 14:30 Business and Household Sentiment: 20:30 Property Market: 21:25 Local Markets: 27:20 CBA: 27:48 Suncorp: 29:05 AMP: 29:40 Conclusion: 30:55 August 2019 Live Q&A: … Continue reading “Riding The Seesaw – The Property Imperative Weekly 10th August 2019”

Riding The Seesaw – The Property Imperative Weekly 10th August 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents USA: 2:10 Goldman Sachs: 6:09 Europe: 8:16 Deutsche Bank: 9:30 China: 12:20 RBA SMP: 14:30 Business and Household Sentiment: 20:30 Property Market: 21:25 Local Markets: 27:20 CBA: 27:48 Suncorp: 29:05 AMP: 29:40 Conclusion: 30:55 August 2019 Live August … Continue reading “Riding The Seesaw – The Property Imperative Weekly 10th August 2019 [Podcast]”

RBA Still Up The Creek Without A Paddle

The latest Statement On Monetary Policy to me seem too optimistic, partly because of the accelerated risks internationally, and partly because their rose tinted spectacles appear to have been turned up to 11! Remember the current rate of growth is weakening, and the trade balance is flattered by ultra-high iron ore prices, which are now … Continue reading “RBA Still Up The Creek Without A Paddle”

AMP Announced $2.3 billion Loss And $650 million Capital Raising

In the first half of 2019 AMP posted a $2.3 billion shareholder loss due to a non-cash impairment to write down goodwill in Australian wealth management and legacy issues.  Via InvestorDaily. The wealth giant has announced a $650 million fully underwritten capital raising which will enable it to set out on its new three-year transformational … Continue reading “AMP Announced $2.3 billion Loss And $650 million Capital Raising”

Danish Bank Offers 20-Year Mortgage At Zero for First Time in History

In this strange new environment could it be that borrowers will be paid to take a mortgage? It could be. From Bloomberg. In Denmark’s $495 billion mortgage-backed covered bond market, another milestone was reached on Wednesday as Nordea Bank Abp said it will start offering 20-year fixed-rate loans that charge no interest. This is significant, … Continue reading “Danish Bank Offers 20-Year Mortgage At Zero for First Time in History”