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ASX Listings Decline: A Sign of Shifting Investor Preferences 13 Dec 2024: Paige Estritori As 2024 draws to a close, the Australian Securities Exchange (ASX) is facing a notable decline in the number of listed companies, a trend reflecting an increasing investor shift towards private markets. The ASX Group's Monthly Activity Report for November confirms a decrease in listings—from 2,191 companies at the year's start to 2,121 by the end of November, marking a net loss of 70 listings. - read more |
RBA Signals Possible Rate Cut: Economic Relief on the Horizon 11 Dec 2024: Paige Estritori The Reserve Bank of Australia (RBA) appears to be steering towards a change in monetary policy, hinting at a potential reduction in interest rates. This optimistic outlook arises from rising confidence in the fight against inflation beginning to tip in their favour. - read more |
Business Confidence Plummets Amidst Economic Challenges 10 Dec 2024: Paige Estritori In an unexpected turn of events, business confidence has experienced a substantial decline this November, marking a significant shift from last month's brief positive outlook, according to the National Australia Bank (NAB). A recent NAB survey revealed a notable drop in business confidence by eight points, taking it to minus three, accompanied by a five-point decline in business conditions. - read more |
Rethinking Financial Advice: The Shift to Episodic Engagement 09 Dec 2024: Paige Estritori Amid evolving client expectations, the financial services sector is seeing a major shift in how Australians prefer to receive financial advice. Emerging evidence suggests that episodic, one-time consultations are becoming more favored over traditional full-service options. - read more |
Leadership Transition at ANZ: Nuno Matos Takes the Helm 09 Dec 2024: Paige Estritori The banking world is set for a significant shift as Shayne Elliott, the esteemed chief executive of Australia and New Zealand Bank, relinquishes his role after nearly a decade of strategic leadership and transformation. Elliott first joined ANZ in 2009, navigating through roles of global managing director and chief financial officer before taking up the chief executive mantle in 2015. - read more |
Australia's Long-Term Mortgage Strategy: A Double-Edged Sword 06 Dec 2024: Paige Estritori Housing affordability in Australia is hitting unprecedented lows as both buying and renting costs continue to surge. In response to this crisis, financial institutions are rolling out new strategies designed to make mortgages more accessible, albeit with long-range financial implications for consumers. - read more |
Australian Dollar Tumbles Amid Global Economic Shifts 05 Dec 2024: Paige Estritori As global market dynamics continue to shift, the Australian dollar has recently plummeted, reaching a six-month low. Investors are closely monitoring these developments, considering the various forces at play and their potential impacts. - read more |
AMP's Transition Showcases Adviser-Centric Rebranding Strategy 03 Dec 2024: Paige Estritori AMP is undergoing a significant transformation, with a forthcoming rebrand of AMP Advice and AMP Financial Planning. Spearheaded by Matt Lawler, now CEO of what is tentatively called NewCo, this transition includes working closely with advisers to ensure their voices are essential in shaping the future of the brand. 'This process is set to be particularly democratic,' said Lawler, highlighting the collaborative approach. - read more |
Reserve Bank Anticipates Significant Rate Reduction 03 Dec 2024: Paige Estritori The Reserve Bank of New Zealand is poised to decrease the official cash rate by a notable 50 basis points this week. This action comes on the heels of a cumulative 75 basis points reduction across the last two monetary policy discussions. - read more |
RBA Board Overhaul Raises Questions 02 Dec 2024: Paige Estritori The recent decision to reconfigure the Reserve Bank of Australia's (RBA) leadership structure presents both opportunities and challenges, particularly in the ongoing battle against inflation. Dr. Shane Oliver, Chief Economist at AMP, has voiced concerns that easing inflation control measures could tarnish the bank's credibility. - read more |
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How Much Can You Borrow? A Complete Guide to Assessing Your Borrowing Power Understanding your borrowing power is an essential step for anyone looking to take out a loan. This concept represents the amount of money you're eligible to borrow from a lender, whether it’s for purchasing a home, a car, or investing in your future. Knowing your borrowing power not only sets realistic expectations but also guides you in financial planning and budgeting for your loan repayments. - read more
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What to Do If Your Loan Application Is Denied If you're here, you've likely faced the disappointment of having your loan application denied. - read more
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Debt Consolidation Loans: A Tool for Smarter Repayment Planning Debt consolidation loans serve a crucial purpose in the financial toolbelt of individuals juggling multiple debts. At its core, consolidation is the process of combining several loans or liabilities into one single loan. This technique is not just a clerical convenience but a strategic move that can transform repayment chaos into manageable order. By merging debts, borrowers can often secure better interest rates, lower monthly payments, and a more transparent repayment timeline. - read more
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Breaking Bad Budgets: Positive Money Moves to Make Today Financial wellbeing is often a balancing act that many Australians find challenging. In an age where the cost of living seems to climb incessantly, managing money effectively has never been more critical. Yet, despite the importance of financial literacy, many individuals struggle to break free from the cycle of poor budgeting and erratic spending habits. - read more
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Top 10 Smart Borrowing Strategies for Australians: A Comprehensive Guide Smart borrowing is crucial for individuals and businesses in Australia to manage their financial goals effectively. With a well thought-out borrowing strategy, you can optimize your finances, minimize costs, and achieve your financial objectives. - read more
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Essential Factors to Consider When Comparing Australian Loan Providers Understanding the nuances of interest rates in today's Australian financial landscape is more than a matter of mere fiscal responsibility; it is a critical step in safeguarding your personal economy and ensuring that any loan acquired aligns perfectly with your financial aspirations for 2024 and beyond. In a world where every percentage point can translate into significant savings or costs over time, grasping what's at stake when selecting a loan provider becomes an essential skill. - read more
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Practical Financial Advice for Every Australian: From First Loans to Retirement Welcome to the beginning of your financial journey. As an Australian, understanding the nuances of financial planning is pivotal to securing your economic future. Whether you're applying for your first loan or on the cusp of retirement, the financial decisions you make will have a lasting impact on your life. This guide aims to walk you through each stage, providing practical advice that you can apply to your own circumstances. - read more
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Mastering Money: Strategies to Boost Your Financial Health Financial health is a crucial aspect of overall well-being, particularly in the ever-evolving economic landscape of Australia. The capacity to manage personal finances effectively not only provides a sense of security but also opens doors to opportunities that might otherwise be out of reach. As such, mastering the art of money management is an indispensable skill for Australians from all walks of life. - read more
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Smart Borrowing in the Digital Age: Navigating the World of Online Loans In today's digital age, the landscape of borrowing has evolved with the emergence of online loans. The convenience and accessibility offered by online lenders have made them an increasingly popular choice for Australians seeking financial assistance. However, it is essential to approach online borrowing with caution and make informed decisions to ensure smart borrowing practices. - read more
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The Impact of Credit Scores on Loan Applications: How to Borrow Smartly Credit scores play a crucial role in loan applications, determining eligibility and interest rates for borrowers. Understanding how credit scores are calculated and the impact they have on loan applications is essential for anyone who wants to borrow smartly. - read more
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