The Debt Mouse Wheel and Australia’s Housing Affordability Dilemma
Last night’s 4 Corners ABC Broadcast on the state of housing in Australia and a possible debt bubble burst deserves a blog post. Let’s be really clear on the most important issue. Mortgage brokers, property developers and lending businesses are not financial planners or retirement specialists. This means even if they approach you, you should NEVER take financial advice from them. They are not qualified, they’ve not undertaken any training and in this respect they shouldn’t be trusted to act in your best interest. At the centre of the story was a focus on debt and its likely impact on [...]
