Petrol hits 25-month high; Consumers slash debt

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Credit/debit cards; Weekly petrol; Lending finance Petrol prices to lift further. The terminal gate or wholesale price of petrol rose by another 3 cents a litre last week to 25-month

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Global markets unlikely to recover to historical norms: hedged global bonds offer great value says PIMCO

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PIMCO has challenged conventional mean reversion assumptions due to deleveraging of private sector balance sheets, re-regulation, and slower growth coming from large developed nations Much of the developed world is

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Greece, Ireland, etc…the ongoing European debt debacle

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Key points While Ireland has now been granted financial assistance from the IMF and European Union, concerns remain regarding Portugal and Spain. Spain is a bigger risk as it is

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Dwelling approvals rebound, Credit sluggish

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Latest economic data New dwelling approvals rose for the first time in seven months – up 9.3 per cent in October. The RP Data-Rismark Hedonic Australian Home Value Index –

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Reserve Bank Governor signals pause on rates

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Testimony of Reserve Bank Governor In delivering testimony to the House of Respresentatives Economics Committee, the Reserve Bank Governor has given clear signals that interest rate settings are on hold

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Australian housing – is it a bubble? What’s the risk?

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Key points Australian housing is not in a bubble but it is very overvalued, and combined with high debt levels leaves Australian households vulnerable should anything significantly threaten house prices.

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Credit card balances edge higher

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Credit/debit cards Credit card balances rose in September. The average credit card balance stood at a $3,261.60 in September, up $7.90 on August. The average credit card balance is up

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Weekly market & economic update – 12 November 2010

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Headline developments of the past week Shares, commodities and commodity currencies like the Australian dollar have had a tough week partly on renewed European debt concerns and worries that further

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The new age of consumer thrift

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Key points The GFC has ushered in a period of more cautious consumers in the US and to a lesser extent in Australia. Household savings rates are likely to be

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Zenith Diversified Sector Report Adds 11 New Funds & Also Addresses Advisers Client Investment Concerns

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Zenith Investment Partners Pty Ltd (Zenith) has just announced the release of its 2010 Diversified Sector Report and also confirmed that the study was structured to address a number of

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