Tag: investors
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Loan options diversify for small businesses
Getting a loan for a small business has been difficult in recent years since the GFC. However, the options for business loans, especially for small businesses, have diversified. With increased loan options, an awareness of strategies to use with banks, and access to investors, your chance of getting a loan to start, grow, or even…
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ANZ raises interest rates for investors
ANZ has become the latest of the big banks to raise its variable interest rates since the US Federal Reserve raised its rates last week. The bank has raised the interest rate for investors by 0.25 basis points from 5.60% to 5.85% per annum, effective from March 31st. ANZ is also raising it variable rate for its interest…
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Is rent control a solution to the housing crisis?
In the ongoing housing affordability crisis, government and non-government parties alike are searching for ways to ease the pressure on tenants. One of the potential solutions is rent control, which would allow for capped rental prices dependent on income. Rent control dictates that a tenant pay 30% of your income on your housing. City West Housing are…
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Gold hit a five week low with further losses expected
Gold has sunk for the sixth straight session, reaching a five week low with more losses expected in the coming days. U.S. gold futures settled at $1,203.20 on Friday. Gold futures were at the lowest level since February 1st at $1,202.90 with the February level being $1,199.70. Spot gold didn’t fair much better, as it was down by 0.32% at $1,203.58 per…
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WATCH: “Becoming Warren Buffett” trailer
Warren Buffett is a household name as one of the world’s most successful and respected billionaires, yet he has got another achievement to add to his already very lengthy list. ON 30 January, HBO will air a documentary on the legendary investor. The documentary, “Becoming Warren Buffett”, will tell the story of Buffett’s life mostly…
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The high cost of living in Sydney
We know Sydney is one of the most expensive places to live in the world; and prices continue to escalate through the roof with demand at an all time high. There just simply aren’t enough properties to meet demand, and the apartments that do arrive the market are quickly snapped up by overseas investors. Sydney is the second fastest…