The proposed NSW shared equity scheme recently announced and coming soon is designed to give more Aussies a chance to co-own their own home. This scheme would mimic the Federal Equity Scheme of property co-ownership, but the key difference is it that will be offered to key worker first home buyers (teachers, nurses or police) as well as older singles 50 years of age or older and single parents with children aged under 18. Read Post
21-06-2022
George Lucas, Raiz Group CEO
First, we look at the US where the latest inflation numbers were a surprise, and the stubbornness of inflation apparent in the data release was unexpected. The data for May showed the consumer price index rose 8.6 per cent over the year, the biggest rise since December 1981. Read Post
When investing, it’s important to keep the big picture in mind.
However, we know it is difficult when it’s your own money, and seeing the big picture is not always easy.
It seems like no matter if we are asleep or awake, global markets are active and moving. But its not just equities and bonds moving, currency markets are moving as well. When the Aussie Dollar moves against the global currencies, it can also influence your investment portfolio returns. Read Post
07-06-2022
George Lucas, Raiz Group CEO
US stocks slid to another weekly loss after the release of US labour market data reinforced expectations for continuing monetary policy tightening from the US Federal Reserve. The jobs data showed the US economy added 390,000 jobs in May, slightly below the 436,000 in April.
There’s big news when it comes to your super. The law has changed on the super guarantee – the contribution your employer is required to make into a super fund on your behalf. On July 1st 2022, the mandatory amount of your pre-tax income that goes into your super increased from 10% to 10.5%. Here’s how that could help you in the long-term.
Plant a Tree is back! For the entire month of June, for every person you refer that receives the $5 referral bonus, we will also plant one new tree on your behalf!
Thanks to our Raiz community, we have so far planted 9,799 trees in Western Australia on our users’ behalf!
Through our time at Raiz Home Ownership, we have seen that while many people have the income to afford a loan, the hard thing to do is to build up the deposit. This was one of the reasons Raiz was started in the first place; to assist in saving for life goals such as deposits for houses. Read Post
23-05-2022
George Lucas, Raiz Group CEO
The MSCI world index of equities, which tracks shares in 50 countries, fell more than 1.5 per cent last week. It has now fallen more than 5 per cent in May and more than 18 per cent since a peak in early January, making it the index’s longest losing streak since its establishment in 2001.
Plan on investing some funds into the market in a diversified portfolio? While everyone has different amounts that they can afford to invest or want to invest, a question many people ask themselves in these market conditions: “Should I invest now, or later?” Read Post
