Reserve Bank of Australia

Discover how the Reserve Bank of Australia fixes the price of money at the expense of ordinary Australian savers like you.

Find out how any shift in monetary policy can send the value of your assets, whether it’s your share portfolio, your house or even the dollars in your pocket up and down like a yoyo.

Understanding monetary policy will make you a better investor. Why not read the arguments for abolishing central banks like the RBA and letting the market set interest rates? To see what you think, start here…

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CBA Share Price Up 1%, Shrugs Off Earnings on a Good Day for Banks

At time of writing, the share price of Commonwealth Bank of Australia [ASX:CBA] is up 1.1%, trading at $69.71. This marks a brief respite from a sustained year of downwards trading: Source: marketindex.com.au It has also been a good day for the other Big Four banks with National Australia Bank Ltd [ASX:NAB] up 1.2%, Australia and New Zealand Banking … Read More

Are You a Victim or a Victor?

Our GDP numbers are yet another example of ‘fake news’. All that ‘so-called’ economic growth is nothing more than a reflection of our nation’s willingness to go deeper into debt.

Australian Banks Have a Problem

Higher mortgage rates will mean that households face higher mortgage costs, which could decrease savings growth even more. Higher rates with no wage growth could also mean that borrowers applying for new loans face higher…

Winning Streaks Always End

Our economic winning streak is in record breaking territory. The last recorded recession in The Lucky Country ended in June 1991. But that’s not how life should work.

Expect Things to Change

You would be surprised how many people invest based on recent past performance, projecting the present into the future. Economists even have a name for it: extrapolation bias.

Markets & Money