Craig
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Appearances Over Time
Podcast Appearances
Looking at today's weather for Sydney, expecting one or two showers and a high of 25 degrees.
Melbourne partly cloudy with 23.
Brisbane expecting a few showers with 27 degrees.
And in Perth, expecting rain to clear later and a high of 21 degrees.
Well, there is some talk that the Reserve Bank may introduce an interest rate rise before the federal election.
Yes, data from the Australian Bureau of Statistics yesterday
showed inflation rising by 5.1% over the past year.
That is more than twice the rate of wage growth after a 2.1% spike through the first three months of the year.
So many commentators are betting that the RBA will act more sooner rather than later, waiting until after the federal election.
So whichever way you cut it, we are getting very close to that interest rate rise.
Yeah, Scott O'Neill is back again from Rethink Investing.
Good morning, Scott.
Another busy week.
Yeah, I think that we're going to get back into a bit of normality, as you say.
Last couple of weeks, it really just throws the weeks out, particularly if you're super busy like you are.
Now, we're going to be having a look at a few deals that you have done for your clients.
This is a good one because it gives us a real breakdown on some of the numbers and the first one is an interesting one.
This was a new client and their first investment securing a commercial property which was an industrial asset.
The property had the bonus of some upside in both rental income and equity through strata titling from one title to four.
So give us a little bit of a breakdown here, Scott, of how this deal looked and worked.