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House prices - be alert not alarmed

Much has been made this week of the claim by the Bank for International Settlements that local house prices may be seriously overvalued. This is based on the view that the current house price-to-income ratio and house price-to-rent ratios are around 40% and 50% respectively above their "long-run average". These estimates also seem relatively high by global standards.

19 Sep 2014
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ETFs and iPads: Same but different

Today's iPhone 6 launch joins a long list of Apple product launches resulting in long lines. Apple's 2010 debut of the iPad revolutionised tablets, making them fashionable. Tablets are not a new technology as they have been available since 1989. Likewise ETFs have been around for over 20 years.

19 Sep 2014
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