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Founder of Learn to Trade, Greg Secker’s investment journey began with him working in IT on a trading floor supporting the largest currency trader in London. With no real knowledge of finance and a $5000 gift from his mother, Greg entered the trading game and joins the Nestegg podcast to discuss his journey to success.

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Having previously joined the show to share how he is making a full-time income in only a few hours a week, Greg Morgan also joins host David Stratford to share how Learn to Trade set him on the path toward financial success, and why mindset and positivity is key to success as a trader.

The pair will explain why the current climate is the perfect time to be trading, explain the 5-2-1 rule and why it is so important, and reveal what the best investors are doing to cement their success.

You can keep up to date with what Learn to Trade are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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From financing a credit card debt to deciding on a home loan, Nest Egg’s got your back! " ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(66) "Borrow Money - Your Guide to Loans and Credit Management | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2019-11-19 04:50:06" ["slug"]=> string(54) "14163:the-importance-of-mindset-in-the-investment-game" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(67) "/resources/podcast/the-importance-of-mindset-in-the-investment-game" ["image"]=> string(49) "images/podcasts/Learn_to_Trade_Greg__Greg_WEB.jpg" ["image_alt"]=> string(14) "Learn to Trade" } }

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Big 4 bank commits $2bn to affordable housing

By Cameron Micallef · October 14 2019

Reading:

Borrow

Big 4 bank commits $2bn to affordable housing

By Cameron Micallef
October 14 2019

Reading:

Big 4 bank commits $2bn to affordable housing

By Cameron Micallef · October 14 2019

Reading:

One of Australia’s largest banks has committed $2 billion over three years to support housing affordability and social housing initiatives.

National Australia Bank (NAB) has indicated that it has joined forces with the not-for-profit sector in an effort to support the thousands of Australians not able to access appropriate housing in the mainstream market.

NAB’s chief customer officer corporate and institutional banking, David Gall, said the bank will focus on providing loans and developing new financing avenues for not-for-profit groups and other organisations that build affordable and specialist housing.

“This is a significant social issue – and we’re determined to help by funding more affordable and specialist homes and improving the capacity and financial maturity of the sector so that it can attract more investment,” Mr Gall said.

How will NAB spend the money?

According to the bank, money will be spent across five key areas:

Provision of loans of up to $5 million to crisis accommodation centres, helping crisis accommodation providers purchase properties to accommodate people experiencing domestic and family violence and other vulnerable circumstances;
Support community housing providers, including through the creation of funding models that will give them more capital to build homes;
A commitment to increasing funds for developers of sustainable housing projects;
Development of policies for lending to disability housing providers so NAB can fund the sector on a larger scale; and
The development of viable funding options for build-to-rent projects in Australia.

SDA Alliance’s managing director, Melanie Southwell, said: “Additional capital like this is needed to ensure that approximately 28,000 Australians with very high disability support needs or extreme functional impairments have an appropriate and accessible place to call home.

“We need a diverse range of investors and lenders to achieve this.

“Seeing a big player like NAB step up to the challenge is brilliant, and we hope will in turn show others the way. We look forward to working together to grow the sector and successfully meet the housing needs of people with disabilities.”

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leveraging their insights to grow your portfolio.