Clancy Yeates

Clancy Yeates

Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.

INSIGHT

Debt policy? Better wait than never

Clancy Yeates No one likes missing out, but getting caught on the wrong side of a downturn would be worse.

INSIGHT

Consumers fear getting fingers burnt, again

Cold hard cash: You have got money looking for a safe haven, who are you going to call? Your bank or a real estate agent according to a recent survey.

Clancy Yeates Property and banks are seen as safe. One is, the other less so. But which is it?

INSIGHT

RBA keeps the brakes on - or does it?

Clancy Yeates Rates are getting better if you are in debt, but less favourable for people with savings in the bank.

INSIGHT

Big banks no longer the leaders

Dimmed: the big four banks are facing fresh headwinds.

Clancy Yeates Over the past four months or so, the banks have lagged the broader market. What's going on?

INSIGHT

Tougher times ahead for self-managed funds

Changing conditions: The strategy employed by many SMSFs may face a challenging future.

Clancy Yeates When the global financial crisis savaged retirement savings in 2008, many self-managed super funds escaped the devastation better than other super funds.

INSIGHT

Investors hit by slower rent rises

Bricks and mortar: Investors need to remember the property market is cyclical.

Clancy Yeates There are growing signs that conditions are becoming less favourable for property investors.

INSIGHT

Guess what - the rich get the breaks

Future gazing: It is unlikely top-end tax breaks on super can last forever.

Clancy Yeates The web of tax breaks in our super system are unlikely to survive in their current form, because they are so generous to people who least need government help.

INSIGHT

How long will this cheap money last?

Caption

Clancy Yeates It would be extremely unusual for rates to remain at these levels for five years.

INSIGHT

After mining boom, who'll grab the baton?

New horizon: The winding down of the mining boom will mean a softer economy if other areas don't pick up the slack.

Clancy Yeates Other industries such as construction and services could pick up the slack - but it's a big hole to fill.

INSIGHT

Insight: Financial inequality

Luxury: the top one per cent have enjoyed a rise in income.

Clancy Yeates A growing gap in incomes is bad for the economy.

INSIGHT

Cheaper power? Maybe not

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Clancy Yeates Casual observers of politics might have formed the impression the carbon price is the main reason energy prices have surged in recent years.

INSIGHT

Low interest rates likely to keep high-yielding shares in favour

Clancy Yeates Low interest rates have put a rocket under share prices this financial year. The search for yield is likely to continue in 2014-15.

INSIGHT

Insurers are getting away with gouging

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Clancy Yeates Don't automatically pay your annual bill. Shop around for a better deal and start with your present insurer.

INSIGHT

Households' wealth all tied up in banks' fortunes

Clancy Yeates Bank bashing may be a favourite sport for many, but households have never had such a large portion of their wealth tied up in the industry.

BORROWING

Banks bet on more credit card debt

More the merrier: Banks enticing cardholders with sweetners.

Clancy Yeates Lenders are pulling out all sorts of tricks to boost spending on credit cards. But watch out for the inevitable catch.

INVESTMENT PROPERTY

Rising rates threaten negative gearing party

The number of debt-laden landlords is growing.

Clancy Yeates As the typical house price rises, so does the number of debt-laden landlords.

INSIGHT

The wallets are opening

Clancy Yeates With such an intense focus on who's lost what, it's easy to forget that much of the economy is actually getting stronger.

INSIGHT

Household debt climbing, but we can take it

Household debt.

Clancy Yeates Australian households have a well-deserved reputation for taking on large amounts of debt - and recent numbers show why.

INSIGHT

Fees have big impact on savings

Clancy Yeates What's the difference between a fee of 1 per cent and 1.5 per cent? Plenty.

INSIGHT

Huff and puff won't push up rates

rates

Clancy Yeates Borrowers can relax - there's not much chance of a rate rise any time soon.