Inversion = Recession?

"Recession, Recession, Recession! " headlines and markets are screaming. But why all of a sudden are they worried?

Pensioners in pain

Every time the Reserve Bank of Australia cuts interest rates, we hear a cheer from mortgage holders, and a despondent sigh from retirees and pensioners. Mortgage holders clearly benefit from reduction in the interest rate calculation on their 20 something year mortgage obligation. But for retirees and pensioners living on fixed incomes, it means less spending power. This means they think twice about taking the grand kids to the movies or meeting a friend for a coffee, and for some, they actually skip meals or cut off power. It seems unfair for a generation that always saved and ‘built a nation’.

RBA cuts rates to all-time low

As expected the RBA cut rates for the first time since August 2016 to an all-time low of 1.25%.

REITs get boost from Federal Election and APRA

Australian Real Estate Investment Trusts (A-REITs) outperformed the stock market in May with thanks to a Coalition win, and bonus from APRA.

MIRVAC (MGR) $750 MILLION PLACEMENT

Mirvac Group today announces that it is undertaking an equity raising comprising: