18-07-2022
George Lucas, Raiz Group CEO
I thought we would begin with some good news. In the US, there were developments on the inflation front, which some consider as positive, with a July inflation expectation report — it looks at where people see prices rising in the future — falling to 2.8% over a five-year horizon, down from 3.1% in June and a one-year low.
With the cost of living in Australia going up, we can all use a helping hand to stay ahead with our finances.
On July 5, 2022, The RBA raised the Australian cash rate by 0.50 percent for the second month running, taking the cash rate to 1.35 percent. For the first time since 2010, the RBA went back-to-back-to-back, raising the cash rate three times in just over two months between May and July 2022 from its record low level of 0.10 percent. Read Post
04-07-2022
George Lucas, Raiz Group CEO
I have not written about China for a long time, so this week I thought it was about time, especially given the recent rally in the nation’s stock market. We have seen Chinese stocks back in vogue after months of virus lockdowns and regulatory crackdowns slashed trillions off benchmark gauges.
The Australian Government has released 40,000 new places under the Federal Government Home Guarantee Scheme (HGS). Read Post
2022 may be halfway through, but there’s plenty of time left to get your investments into shape!
It is fast approaching that time of the year… dividend time! Let’s see what this could mean for you and some of the ETFs available in the Raiz Portfolios.
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.
