I wrote a post just last month that laid out the reasons why the banks would probably not be dropping rates independently of the RBA, even though the current funding…
global financial crisis
13 Articles
David Klemke
3 Min Read
The finance market in Australia is in a weird state at the moment. On the one hand we’re doing pretty good economically, with unemployment remaining low and our major trading…
David Klemke
3 Min Read
If you’re a home owner with a variable rate mortgage the past year has been pretty kind to you with the RBA slashing a good 1% off the cash rate,…
David Klemke
5 Min Read
Before I get into what could be a slightly ranty post about the Australian property market I feel it’s prudent to mention that I’m an owner-occupier, investor and would be…
David Klemke
6 Min Read
I resisted getting into politics in any way for most of my adult life. For the most part I thought it was just a popularity contest that I had no…
David Klemke
2 Min Read
This morning brings some good news for America and the world at large. After 4 consecutive quarters of the GDP shrinking, the unemployment rate rocketing to 9.5% and the financial…
David Klemke
3 Min Read
Today we will see a release of the National Accounts document from the Australian Bureau of Statistics which will give us a very clear idea of how Australia’s has faired…
David Klemke
5 Min Read
The last 6 months have been a real roller coaster ride for pretty much everyone financially, even more so for the people like myself who have tried to buck the…
David Klemke
2 Min Read
I’m what you could call an Internet grazer. Throughout most of the day I’ll have my RSS reader open and I’ll usually take a 5 minute break every hour or…
David Klemke
2 Min Read
The Global Financial Crisis is hitting everyone, and with each passing day it would appear that it is hitting more and more people directly. With the unemployment rate hitting 5.2%…
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