What exactly is inflation?I keep hearing the word inflation at the moment.It is on the news, in newspaper headlines and, of course, whenever interest rates are being discussed.But I started wondering …
The numbers say one thing. Living it can be something quite different.I read an SBS article recently telling me that Australians now believe they need more than $1 million in super to enjoy a comforta…
I read an ABC report recently about evidence given to a Senate inquiry by NAB chief economist Dr Sally Auld.What caught my attention wasn't simply the suggestion that Australia's housing problems coul…
Looking back at buying homes in Britain and New Zealand — and wondering how mortgages became what they are todayI have been thinking about mortgages lately.Not because I am looking to buy another hom…
Great question — let's run the numbers properly using the Brisbane costs we just discussed.Using realistic all-in costs per dwellingTypeLandBuildExtrasTotal per dwelling3-bed house (outer suburbs)$420…
Yes, they do — and on a massive scale. Here's how it works:How governments borrowGovernments don't go to a bank and apply for a loan the way you or I would. Instead they issue bonds — also called gove…
