Aura Group

Fintech-based lenders have emerged since the introduction of the peer-to-peer platform Zopa in the United Kingdom in 2005. Fintech lenders aim to reduce friction in the borrowing process for their customers, reducing the turnaround time from application to funding and offer products which best suit the borrowing needs of the customer. continue…

by Brett Craig Posted in Aura Group, Financial Services.

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The RBA has raised rates for the fifth month in a row bringing the cash rate to 2.35% with the expectation of reining in inflation by the end of the year. Largely in line with market expectations, the RBA raised the cash rate by 50 basis points. This is the highest cash rate since early 2015. continue…

by Brett Craig Posted in Aura Group, Market commentary.

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In this video, Brett Craig and Roger Montgomery introduce private credit, the opportunity it offers for stable monthly income while seeking to preserve capital, why SMEs seek funding outside of the main banks, where the Aura Core Income Fund invests and how it makes a return for investors. continue…

by Roger Montgomery Posted in Aura Group, Editor's Pick, Montgomery News and Updates.

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The retail trade and APRA July 2022 data released this week provided more data to support RBA hikes in the coming months. This week the ABS released data for retail trade turnover and volume. This dataset includes references to retail businesses including stores and online sales. continue…

by Brett Craig Posted in Aura Group, Market commentary.

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To provide a wider range of high quality investment choices, and stable monthly income, Montgomery Investment Management partnered with Aura Group and Brett Craig in May 2022. We are now delighted to announce the launch of our second income strategy, the Aura Core Income Fund.

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by Roger Montgomery Posted in Aura Group, Montgomery News and Updates.

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It was a relatively quiet reporting week from an economic and market perspective. Sometimes less news is good news!  This week the ABS released the counts of Australian businesses, which outline the number of actively trading businesses, rates of entry to exit from the market sector of the economy and the rates of business survival.​ continue…

by Brett Craig Posted in Aura Group, Editor's Pick.

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A tightening labour market continues to put upward pressure on wage prices despite a slowing increase in the average weekly full-time earnings. continue…

by Brett Craig Posted in Aura Group.

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The RBA raised rates for the fourth consecutive meeting with a view to combat the soaring rate of inflation. They are not shying away from introducing additional rate rises moving forward. As noted last week, the headline inflation for the July quarter came in at 6.1 per cent, well above the 2–3 per cent target range. continue…

by Brett Craig Posted in Aura Group.

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The Consumer Price Index data was released this week, recording the largest annual rise in inflation since the introduction of the Goods and Services Tax in 2000. continue…

by Brett Craig Posted in Aura Group.

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With another jump in inflation expected to be reported this week, the Reserve Bank of Australia (RBA) is justifying their rapid rate rise trajectory. But how will businesses and households respond? continue…

by Brett Craig Posted in Aura Group.

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