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Forget mortgage stress – it’s household stress we are suffering from!
This was highlighted recently in the latest Genworth Homebuyer Confidence Index (HCI) which shed some light on how borrowers are managing their financial obligations – particularly in light of various media reports about mortgage stress. (more…)
Many will remember those two young Australian adventurers that kayaked from Australia to New Zealand a few years ago.
After overcoming treacherous conditions, sickness and fatigue, they eventually came ashore across the Tasman on very wobbly legs to great fanfare – even from the Kiwis!
Well – they’re back at it again – except this time they’ll be on terra firma attempting another adventure that’s destined to have people shaking their heads and saying “What the??”.
And just as we have been over the last 10 years, Resi will be along for the ride – figuratively speaking – as we lend our support to those two global roamers affectionately known as ‘Cas and Jonesy’.
In just under one month’s time, childhood friends and adventure junkies, James ‘Cas’ Castrission and Justin ‘Jonesy’ Jones will attempt to walk the 2200km from the edge of Antarctica to the South Pole and back again – something that’s never before been completed single handed.
At the moment they’re in NZ, training and acclimatising themselves in a dedicated program which will prepare them for the gruelling challenge ahead. And launch day for ‘Crossing the Ice’ is fast approaching.
You’ll be able to keep up with the progress of their ice crossing through Resi’s website at www.resi.com.au where you’ll find information about the boy’s latest adventure challenge in the About Us section under our Sponsorship and Events page.
There you can also read about Cas and Jonesy’s most recent extreme achievement, affectionately known as ‘Crossing the Ditch’ from Australia to New Zealand.
In 100 years of polar exploration no-one has EVER walked from the edge of Antarctica to the South Pole and back without assistance. Many have tried, none have succeeded.
But this year, these two Aussie Adventurers will attempt to achieve the impossible during the Centenary Anniversary of Scott’s and Amundsen’s now famous expedition.
For three months and over 2200km they will drag 160kg sleds with everything they need to survive in the harshest environment on Earth.
And why?
Not just for the sheer challenge, but also because they will be using this expedition to raise much needed funds and awareness for ‘You Can’; a national fundraising campaign to build specialised youth cancer centres across Australia.
And because, just like Resi – they want to Own their Dream.
Cas and Jonesy have a history with Resi that spans back to 2001 when Resi sponsored their first expedition.
Since then, Resi has been involved in three of their major expeditions – this is probably the most stable relationship Cas and Jonesy have had in their lives!
So with 29 days left before take-off – we wish Cas and Jonesy all the best.
Boys…..three words. Own your Dream.
If today’s address at a business luncheon by Reserve Bank Governor Glenn Stevens is anything to go by, he has mentioned that subdued household spending will likely rebound “at some point” as consumers gain confidence in the sustainability of mining-led growth.
More specifically he said “some sectors are also seeing the impacts of a shift in household behaviour towards more conservatism after a long period of very confident behaviour.” (more…)
Despite the explanation given on how households will be compensated in the carbon tax – it still won’t help many borrowers and their budgetary bottom lines. (more…)
With so much focus on the banning of exit fees, some interesting news for borrowers was almost overlooked from the recently delivered Queensland State Budget. (more…)
The Genworth International Mortgage Trends report released this week found that the average age of first home buyers at the moment is 31 years old. In other words – first home buyers are getting older. (more…)
With this week’s report from the Australian Institute showing that more and more people are choosing to shop online in a bid to save money from what they perceive as overinflated retail prices, there’s no question many of those same people are borrowers trying to have their cake and eat it too.
They’re looking at all sorts of ways to save themselves some money and I’m sure if people could buy petrol and electricity over the internet more cheaply as well, the websites and the companies behind them would be going gangbusters!
But what else does that study actually tell us about the change in behaviour of consumers? (more…)
The news seems to be getting worse for borrowers over the last week. (more…)
The mortgage industry won’t be holding its breath on anything to assist borrowers on tonight’s Federal Budget. We’ve already been told it will be ‘tough’ and will involve cuts to spending.
So if there is nothing to write home about in tonight’s budget for the many borrowers who are coping with what is fast becoming a year set to make them rein in their belts even tighter, what we also don’t want to see down the track is any more examples of policy making on the run. (more…)
Watching the Australian dollar continue to rise against the US dollar is a bit like watching your favourite sporting team not only beat the opposition – but actually give them a bit of a flogging.
And like any one-sided match, there are always clear winners and losers, but there is also usually good reason why one team is winning so well. (more…)