A budget to annoy real investors

Investors keep taking hits as budget disappoints. Ok, a few people have been asking what I made of the budget. Here’s my thoughts: The Godot Surplus First up, overall, this budget looks like another piece of fiction – like every budget in the past ten years. We see the budget returning to surplus four years […]

Property Affordability: How Did House Prices Get So Expensive? [Part 2]

On Tuesday, I showed you that young people are actually not smooshed avocado eating hipster whingers. (Who would have thought?) I showed you some amazing charts that prove just how much harder the property market is for young people these days. (If you missed it, Part 1 in this series is here.) Before I can help […]

Time to lock in rates… Really?

Has the rate cycle really bottomed? I’m not convinced. There’s been a curious clamour of analysts and economists saying that now is a good time to lock in rates. They reckon rates have bottomed and the only way is up: There’s Shane Oliver at AMP: “It’s likely we have seen the bottom of the interest […]