218 | Banking Royal Commission's Final Report and The Warning Signs of an Economy in Trouble
Episode description
Folks, while we’d love to bring you GOOD news all the time, unfortunately, some things — like the economy! — are simply out of our hands
So if you heard from us this morning because you receive our VIP emails (download the free chapter of Make Money Simple Again if want to be a part of our tribe), then you’ll know that the economy in not looking…… ahh…… too crash hot.
Here’s why..
As we’ll soon explain, there’s quite a few reasons why the Australian economy’s underperforming — but here’s the TOP TWO big things we are unpacking to tackle today’s episode…
- The Banking Royal Commission’s Final Report (and the unintended consequences some of the 76 recommendations will have)
- Governor Lowe and the Reserve Bank of Australia (RBA)’s latest cash rate and commentary
If you’re not familiar with some of the things we refer to in today’s episode, here’s a rundown of the resources and commentary we refer too…
- Article with MFAA CEO Mike Felton: Customers pay while the big banks profit
- Deloitte Report: The Value of Mortgage Broking – Assessing the industry’s role in the economy
- National Press Club Address on ABC iView (Governor Lowe’s National Press Conference)
- Governor Lowe’s written address
- Ben’s RBA Feb 2019 Announcement
- Keep Competition Alive
And the Less-Serious Stuff…
- Join our Money S.M.A.R.T.S Platform (“The Great Surplus Challenge” will be added VERY soon – but only for members!)
- MMSA Facebook Group
- Ben’s Did You Kno
LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube