Reading Time: 2 Minutes I was perusing through the interwebs as you do, and came across a very insightful article regarding the wealth or rather, the lack of wealth equality here in Oz. It’s a joint research study by the University of New South Wales and the Australian Council of Social Service and to be honest, it’s very confronting. As we know, COVID-19 has exacerbated what was already a burgeoning wealth gap between the haves and have-nots, and this paper only highlights that. Here are some key take-aways: Household Wealth The below compares the wealth holdings of the highest 10% (highest wealth) of households followed by the next 30% (middle…
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Australian Housing Tipped To Rise?
Reading Time: 2 Minutes Hola people! Be ready for a bit of a charting binge today. Ever since we recently bought our place (read here), I’ve been monitoring the housing market ever so closely. And I’ve been noticing a few things. What things? Oh y’know, about the state of our economy in general. I’m a responsible man now OK, got a family to think of. So first up is… Employment Here, let’s start with employment: Would you look at that! Sure, employment levels are still lower than pre-COVID, but it’s come back a fair bit hasn’t it? A sharp “V” shaped recovery puts the trend in the right direction. “Clap,…
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8 Financial Lessons From 2020
Reading Time: 3 Minutes Happy New Year everyone and WELCOME BACK! Hands up if you’re very excited for what 2021 will bring? Haha, I exited 2020 with a whimper, with a (lonely) jog in the park on NYE followed by watching “Tenet” (confusing) with MrsFrugalSamurai, and get this… going to SLEEP before midnight (exhausting), thereby missing out on the fireworks (disappointing) and also ringing in the New Year with MrsFrugalSamurai (chastising). D’oh! Getting old in my years. Anyhow, as much as I love to look ahead, it’s also important to look back on the previous year because well… 2020 had it’s moments didn’t it? So in no particular order, I…
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Passive Income Streams Using High Yield Property & Active Shares – The Frugal Samurai
Reading Time: 3 Minutes What’s up everyone! The tables are turned today with the focus on yours truly. At the risk of tooting my own horn “toot, toot” I wanted to share with you my answers to a questionnaire sent by Aussie Doc from Aussie Doc Freedom. You might remember her, because I asked her story only recently! Feel free to read about it here. Ah, the good ol collab… But I digress, because today’s post is about me, myself and I, three of my favourite people. If you want to read the original post, or check out some of Aussie Doc’s other works – you can do so here. The…
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New Zealand Properties Running Red Hot – Is Australia Next?
Reading Time: 2 Minutes What’s up everyone! Hope we’re all having a great weekend. I know I did, because we were social to the MAX. Felt good to break up the weekend routine of staying indoors for once. Although that doesn’t stop me posting quality and titillating content on this quality and titillating blog. As you might have seen with the headline, but property values in New Zealand are SCORCHING. Residential property prices have surged by a whopping 20% compared to last year, pushing the median price of a house in Auckland, New Zealand’s most populous city, above NZ$1m (AUD $950k) for the first time. And that’s not all, take…
