May 2012

• Paul Clitheroe - tax based investments, beware

  28 May 2012 | ipac Paul Clitheroe , your money , Paul Clitheroe , my weekly view

  The start of June typically brings a mad scramble to get together receipts, bank statements and payment summaries. It’s also the time of year when tax-driven investments are heavily promoted, often with promises of solid tax savings coupled with little or no risk, and high returns. It’s a combination that sounds appealing but unless you are very careful, these so-called investments could cost you dearly.
  Paul Clitheroe

• Paul Clitheroe - to fix or not to fix

  18 May 2012 | ipac Paul Clitheroe , your money , Paul Clitheroe , my weekly view

  Prior to the Reserve Bank rate cut in early May, demand for fixed rate loans hit a four year high with around 15% of new loans involving a fixed rate. It’s too early to say how the recent rate cut will impact demand for fixed rates, but the current uncertain interest rate environment makes it essential to think carefully before you fix.
  Paul Clitheroe

• Paul Clitheroe - switching is getting easier and can be worthwhile

  14 May 2012 | ipac Paul Clitheroe , your money , Paul Clitheroe , my weekly view

  Australia is lucky to have a well regulated financial system with a wide range of institutions to choose from including the big banks, smaller customer owned banks, credit unions, building societies and non banks. Yet despite all this choice, we tend to stick with the same institution, even when we’re not happy with it.
  Paul Clitheroe

• Paul Clitheroe - low rates may cause a rethink on cash

  7 May 2012 | ipac Paul Clitheroe , investments , Paul Clitheroe , my weekly view

  The recent 0.5% cut to the official cash rate by the Reserve Bank of Australia (RBA) is good news if you have a home loan. But if you are an investor with cash on deposit, chances are that the rate your money earns will also head south.
  Paul Clitheroe