A great video I just watched from Davos is embeded below. It has some of the worlds most powerful leaders discussing the advice they would provide to the US President on Competitiveness. The leaders in this conference include: Ellen J. Kullman, Chief Executive Officer, DuPont, USA Rupert Murdoch, Chairman and Chief Executive Officer, News Corporation, [...]

The All Ors (AORD) is closing lower today after a strong start. It seems that market was shaken Financials and Health Care sectors which were down 43.1 and 368.3 respectively. The market was quite volatile on medium trading as many broker houses around Australia started pumping out more trades with the Xmas and New Year [...]

The All Ords (AORD) opened stronger in the morning session approximately up around  37.5 points at the time of writing. The (AUDUSD) is trading around 0.71 at the moment which is quite good compared to previous months where the dollar has been as low as 0.60 USD.  In the news: Israel-Gaza Ground War Heats up – [...]

Yes, its coming around to interest rate time again and the RBA has slashed the core cash rate again by another 100 basis points. The key cash rate is now around 4.25%, a level that matches a previous record low after the September 11 attacks in 2001. On a $300K home loan, you would save [...]

I’ve had a tonne of emails recently asking me to post more often – I’m sorry guys, things have been flat out but I’ll get posting more regularly now! One email that probably spurred me on to this post was a question relating to fixed or variable interest during these times of declining interest rates [...]