Drowning in debt

Article Abstract:

Australian personal debt is escalating, largely because of low inflation, low interest rates, and personal borrowing. A record 26,000 bankruptcies were filed in 1998-99,and household debt has almost trebled in two decades to reach an average of 90% of annual after-tax income. Household savings are below 1%. Ian Macfarlane, governor of The Reserve Bank of Australia, sees no immediate concern, but Peter Brain believes it is the duty of the Reserve Bank to curb the excesses of the community. With a lack of household savings, the economy is vulnerable to further debt.

Functions related to deposit banking, Mortgage and Nonmortgage Loan Brokers, Other Depository Credit Intermediation, Consumer Personal Loans, Banking Related Institutions, Statistical Data Included, Usage, Economic aspects, Finance, Cover Story, Economic policy, Influence, Inflation (Finance), Interest rates, Financial institutions, Debt, Personal loans, Households, Bankruptcy, Macfarlane, Ian, Reserve Bank of Australia, Inflation (Economics), Brain, Peter, Shann, Ed, Bond, Carolyn

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Bank stocks even beta: growth stocks might be surging, but 20% returns are hard to beat

Article Abstract:

Retail investors in the Australian stockmarket are in a quandary over sacrificing high-yielding bank stocks to buy cyclical stocks such as miners. Bank stocks are most suitable for retail investors having an emphasis on income and are willing to take a longer-term perspective.

Evaluation, Reports, Surveys, Financial analysts, Bank stocks, Macrow, Mike

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A time for deft gearing strategy

Article Abstract:

The significance of franking credit, for investors to achieve annual tax savings, is discussed.

Investment Banking and Securities Dealing, Portfolio Management, Management dynamics, Taxes, Portfolio & Funds Management, Methods, Taxation, Investors, Company business management

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