Senators Defy The High Priesthood Of Finance!

Robbie Barwick from the Citizens Party and I dissect the Senate Estimates hearing in Parliament yesterday as the RBA was put on the stand. This was a significant event, and kudos to the Senators who pressed the bankers on some very important questions.

Go to the Walk The World Universe at https://walktheworld.com.au/

New Zealand Intervenes To Address “The Property Market Failure”

The New Zealand Government has announced a raft of new measures to address the current price boom, and to tilt the playing field away from “speculators” a.k.a “investors” towards first time buyers.

We look at the measures, and also ponder on whether we need something similar in Australia.

Go to the Walk The World Universe at https://walktheworld.com.au/

DFA Live Q&A – HD Replay: Damien Klassen Market Update

Join us for a replay of our live Q&A as I discuss the latest financial market trends with Damien Klassen From Nucleus Wealth.

https://nucleuswealth.com/author/damien-klassen/

CONTENTS

0:00 Start
0:40 Introduction
1:40 Damien Joins
2:05 Is The Market Buying What The FED Is Selling?
17:00 YCC and Gold
20:00 Inflation Calculations
31:15 Bank Bond Information
33:45 Day Trading
40:30 Market Valuations
51:30 US and Australian Central Banks
53:00 Aussie Bank Bonds
1:05:40 Active Mutuals V EFTs
1:13:10 AUD Outlook
1:18:00 NZ Home Prices and Controls
1:22:00 Responsible Lending
1:29:00 Stock Market Volatility
1:33:00 Stealing From The Future?

Go to the Walk The World Universe at https://walktheworld.com.au/

FINAL REMINDER: DFA Live 8pm Sydney Tonight – Are Markets Buying What The FED Is Selling?

Join us tonight for a live discussion on the current market dynamics with Damien Klassen, Head of Investments at Nucleus Wealth. You can ask a question live via the YouTube chat.

Go to the Walk The World Universe at https://walktheworld.com.au/

The SME Responsible Lending Misdirection

The appalling proposed changes to Responsible Lending got stalled in the Senate last week. But the Government is going to try and convince the cross-benches they should be passed for the sake of the SME sector.

However, this is absolute misdirection, as SME lending (globally as well as locally) are impacted by a range of broader factors, including the risk-weights, which explain the reason for credit rationing. It has nothing to with Responsible lending, it is just a convenient excuse to try and push the opposition over the line. Just remember the Hayne Royal Commission clearly recommended keeping the current consumer protections. And also, SME lending is in any case not subject to Responsible Lending provisions. This is a dog-whistle by a desperate Politicians keen to serve their Banking masters.

Go to the Walk The World Universe at https://walktheworld.com.au/