The Australian, Wealth - Gold report THERE are two stories about gold coins, no matter how you look at it. There are the bullion coins linked to the rocketing gold price. Then there is the price of numismatic or collectable coins, which are not directly linked to the gold price but which are outperforming. The underlying fact is [...]

The Australian, Wealth - Gold report THERE are many ways to buy gold and unless you want some complicated financial instrument the Perth Mint pretty much offers all of them, despite the fact that it owns very little gold itself. “We don’t own any gold, or virtually none at all,” says Perth Mint treasurer Nigel Moffatt. The reason [...]

The Australian, Wealth Qualifying is half the battle to be a customer of a private bank, Ed Charles reports | February 28, 2007 THE world of private banking consists of an exclusive club of retail bank clients and an elite club of global private bank clients. The level of personal service you get and what you pay will depend [...]

The Australian, Wealth IT isn’t possible to have too much money. But it is possible to have too little debt. This is one of the main differences between choosing private banking services from the private banks born on the shores of Lake Geneva and local retail banks born on the Yarra or Sydney’s harbour. Both kinds [...]

The Australian, Wealth INTERNATIONAL banks are targeting the Australian market to provide high-end private banking services that don’t necessarily involve mortgages. Both HSBC and Citibank have launched private banking packages: Premier and Citigold, respectively. They have less stringent requirements than the local so-called private retail banks, but are nevertheless aimed at wealthy people. British banking group HBOS is [...]

From The Australian, Wealth: Ed Charles | August 29, 2007 Investors with low-doc loans should reassess them, MORTGAGE brokers are warning property investors to be careful which low-doc and non-conforming lenders they choose to ensure they don’t face interest rate increases over the market rate charged by mainstream banks. The combined effect of the Reserve Bank of Australia’s August [...]

The Australian — Wealth: With mortgage providers jostling for business in a highly competitive market, there is a loan to suit almost anybody, reports Ed Charles July 19, 2006 WITH low interest rates and competition among mortgage providers we are able to borrow more money than ever before to buy homes. In some cases it is possible to borrow [...]

From The Australian: EVERY bank wants to sell you a package. The idea is that if, in addition to a home loan, they can sell you transaction accounts, credit cards, insurance and multiple mortgage accounts for investments they can make more money. And hopefully you can make more money too. This is the thinking behind professional packages [...]

After Orica’s success, it seems like hybrid capital raisings are driving the whole M&A market this year. CFO. 01 May 2006 The Australian stockmarket is at an all-time high. The mergers and acquisitions business is booming, and the boom is bringing a wave of new capital-raising to the market. But if 2006 is to be known for [...]

From IN THE BLACK May 06 Wherever you are in Australia houses are bloody expensive and have been for some time. State and federal governments have debated the issue and there has even been a Productivity Commission report. According to the Demographia International Housing Survey (using September figures) Sydney is the seventh most expensive city in [...]