Friday, 06 April 2018
Friday, 06 April 2018
Monday, 02 April 2018
A new survey has discovered that Australians are saving more now than any time since the 1980s. It turns out that factors such as net worth and income play a huge role in how much we stash under the mattress each month, as does your age and household behaviour.
Monday, 12 March 2018Greater than usual attention is being paid to US inflation and while some indicators are suggesting an increase in price pressures, broad inflation measures are yet to show any cause for serious concern. Australian economic data is little changed, with global developments monopolising the spotlight.
Friday, 09 March 2018
The cost of education in Australia has risen a staggering 61% in the last decade, whilst child-raising costs have gone up by 50%. Meanwhile, our household incomes have only risen by about 25%, which means the cost of raising children is growing at double the rate of our average incomes. Yikes!
Friday, 16 February 2018The US economy continued to show robust growth in the final quarter of 2017 while survey indicators suggest that momentum is likely to be maintained into the new-year. In Australia, consumer sentiment has shown further improvement and this is now being reflected in actual spending behaviour.
Thursday, 01 February 2018
At Fortress we often set our clients some homework: to tighten up their household budget to see how much surplus cash they really have. Remember, it’s the money left over at the end of the month that you can use to start building your wealth.
Tuesday, 23 January 2018
A financial plan is a set of strategies that help you achieve your goals. Not sure what your long-term financial goals are? One of the easiest places to start is to focus on getting the fundamentals right so that when your goals become clearer, you are in a great position to hit the ground running.
Wednesday, 17 January 2018
The US Federal Reserve increased official interest rates by 25 basis points to 1.25%-1.50% in December – the third rate rise this year. Expectations are for three more hikes in 2018. Economic data globally continues to be robust, although some signs are appearing that momentum may be slowing.
Tuesday, 16 January 2018
Now that Christmas is done and dusted, we all should start planning ahead for next year. Imagine getting to December knowing that you have a few thousand dollars in the bank, ready to buy gifts, pay for your holiday and stock your pantry full of delicious Christmas treats!