The yoke of debt may have felt light until now. But the lash of higher rates on the back will definitely be noticeable. Let’s just hope it doesn’t break the financial back of a whole generation of home buyers, although this is what we fear “bringing forward demand” will do.
March 24th, 2010 | Dan Denning | 15 comments | ContinuedAll Posts Tagged With: "first home buyers grant"
Talking About the First Home Buyer’s Grant Again
Of course you could make the argument that keeping house prices inflated by whatever means necessary is a policy goal in Australia, just as it was a policy goal in America. With the stock market in a secular bear phase, the idea of financial and personal security from ownership…
May 26th, 2009 | Dan Denning | 0 comments | Continued
The Big Question: What is the Aussie Gold Price Doing?
Speaking of gold, the U.S. gold price jumped up $14.10 to trade back over $900 again. It was the first time old yeller metal has traded there in three weeks. The World Gold Council reported that inflows of gold into exchange traded funds were 456 tonnes for the first quarter of the year. That compared to 321 tonnes for all of last year. ETF demand for gold is definitely one of the short-term drivers of the gold price…
April 24th, 2009 | Dan Denning | 4 comments | Continued
