Key insights from the week that was. This week, we received updates on consumer and business confidence and the labour market for Australia. Offshore, a string of 50bp rate hikes were seen across the US, Europe and the UK. The December Westpac-MI survey reported a welcome 3% lift in consumer sentiment; although at 80, confidence […]
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Central bank special The ECB stuck to a 2% deposit rate and said it is well positioned to navigate through a significantly more uncertain outlook. “Well positioned” isn’t the same as “the good place” the Read more…
You saved for years, built equity in your home, and finally qualified for a home equity line of credit. You expected to tap that credit line only when you needed it and pay interest on Read more…
Over the last couple of years, airlines and hotels have made profits by adding more luxury offerings, such as first-class seats and upscale rooms and services. The hotel giant Marriott is one of the chains Read more…