Clancy Yeates

Clancy Yeates

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

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Don't ignore the signs when it comes to yield

Clancy Yeates The house price boom in Australia's two biggest cities is crunching the most immediate source of return for property investors: rental yields.

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Pump up a mortgage cushion by overpaying

Noted: Many borrowers appear to be responding to low rates by paying their bank back faster.

Clancy Yeates Low interest rates are giving borrowers the chance to get on top of their debts.

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Iron ore falls off cliff but markets keep on climbing

The ASX 200 climbing as the price of iron ore tumbles is in contrast to historical trends.

Clancy Yeates What Australia gets paid for its most valuable export has fallen off a cliff, but you wouldn't know it from looking at the share market.

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Fears around growth of payday loans

Clancy Yeates dinkus Dinkus

Clancy Yeates High-interest payday lending has surged despite reforms in 2013, consumer advocates say.

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Sweet credit-card deals can leave a sour taste

Clancy Yeates Banks' credit-card offers might look tempting, but there are plenty of reasons to be sceptical.

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Income is getting less disposable

Savers are keeping their hands in their pockets.

Clancy Yeates Our steady savings are good news for households, but bad news for retailers.

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Dangers in forgetting your principals

Added risk: Interest-only loans for owner-occupied homes run the risk of becoming negatively geared.

Clancy Yeates Borrowers should be aware of what they're getting themselves into with interest-only loans.

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Dividends set to keep buoying the banks

Clancy Yeates Investors' love affair with our biggest lenders shows no signs of fading.

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End of the line for credit card surcharges

Clancy Yeates For several years now, regulators have tacitly acknowledged that some businesses are gouging customers who pay on credit.

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Soaring childcare costs eat into family budgets

A sliding scale for subsidy support has been mooted.

Clancy Yeates How much have childcare costs really risen in recent years? And what is the government likely to do about it?

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Cheaper goods not good news for all

Australia may be importing price falls as well as goods.

Clancy Yeates Economists worry that overseas weakness will spread to these shores.

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Companies to back in the coming year

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Clancy Yeates Which shares stand to deliver the best returns when growth is soft and interest rates at record lows?

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Oil price fall is good news for households

Good news at the bowser - and elsewhere.

Clancy Yeates Don't let the gloomy sharemarket reaction to tumbling oil prices fool you into thinking it is all bad news for the economy. It ain't so.

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Rates may fall further before rebounding

Clancy Yeates Most economists reckon rates are likely to stay at their record low of 2.5 per cent for several months more, and could even fall further.

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Size matters when it comes to defaulting

Clancy Yeates Which borrowers are most likely to fall behind on their mortgage payments?

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Big mortgages claiming scary bite out of household income

Squeezed: Household debt is back to near record highs.

Clancy Yeates If you thought the global financial crisis had killed off Australians’ penchant for big mortgages, think again.

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Belts tighten as pay rises grind to a halt

Clancy Yeates Slow wage growth and a rising unemployment rate show how soft things are in the labour market.

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Big banks are far from bulletproof

Clancy Yeates It's important to remember that the big four would not escape a severe economic slump unscathed.

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Motorists gain despite excise hike

Clancy Yeates From next week, motorists will start paying a bit more tax when they fill up the car, as the government recommences increasing fuel excise in line with inflation.

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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.