Millionaire Hunters Lure Rich Chinese to Australia – Bloomberg 07-22-14

Salient to Investors: Chinese millionaires who invest at least $4.7 million and qualify for Australian residency can get around China’s restrictions on converting currency and sending it abroad. China caps the amount of yuan that individuals can convert into other currencies every year at the equivalent of $50,000 and bars transferring currency

READ MORE...

Bubble Trouble Seen Brewing in Australia Home Prices – Bloomberg 11-06-13

Salient to Investors: Housing in Australia accounts for 60 percent of average household wealth versus a global average of 45 percent. Average household debt has been near 150 percent of annual income since 2006 versus 135 percent in the US. House prices have not fallen more than 10 percent in

READ MORE...

Australians Priced Out of Dream Swap Backyards for Balconies – Bloomberg 01-14-13

Salient to Investors: Sydney is the most unaffordable housing market in the English-speaking world. Demographia report Australian homes cost 6.7 times the gross annual median household income in Q3 2011 versus 3.1 times in the US and 5 times in the UK. Apartment ownership is rising as more are being buyers priced out of the

READ MORE...

Stock market returns since 1900: The 23-year spell when UK shares failed – Mail Online 02-08-12

Salient to Investors: Research by Elroy Dimson, Paul Marsh and Mike Staunton at the London Business School shows: For many people, the long-term has to be very long-term to guarantee that they do not lose money – unfortunate timing can mean it can take several decades for markets to make

READ MORE...