New figures released by Domain this morning painted a bleak picture for the state of Sydney’s property market. The data showed median house prices across the harbour city falling 3.1% in the quarter to December. That marks the worst price drop for over 20 years.
The post Sydney Property Market Dips, But Bubble Hasn’t Burst appeared first on The Daily Reckoning Australia.
When it comes to income investing, it’s pretty easy to get focused on just a couple of key themes. If you’re like many else out there, the first place you might start is with the dividend yield.
The post What Really Drives Stock Market Returns? appeared first on The Daily Reckoning Australia.
The bastions of capitalism have clearly taken the world’s most recognisable socialist slogan. Central banks of the world are uniting, in a fight against…market forces!
The post The Socialist Captains of Capitalism! appeared first on The Daily Reckoning Australia.
Consumer sentiment has fallen to its lowest level since Malcolm Turnbull took office in September last year. According to the latest Westpac-MI index, consumer confidence fell 3.5% in January, to 97.3. This simply means that pessimists now outnumber optimists.
Well, so much for that famed Turnbull effect.
The post Consumer Confidence Down, But Aussies Still Want to Buy Property appeared first on The Daily Reckoning Australia.
When was the last time you used cash while you were out shopping? If you’re like a growing number of Australians, it’s probably been a while. And who could blame you?
The post Bankers are Determined to Destroy Cash, and Why You Should Be Worried appeared first on The Daily Reckoning Australia.