What a way to kick off the new financial year! The Reserve Bank of Australia (RBA) has once again held the official cash rate steady at 1.5%. With the cash rate of 1.5% approaching its second anniversary, homeowners can celebrate the start of the new financial year free from immediate concerns about rising interest rates. More…
The whistle may have just blown on the 2018 World Cup, but there’s also plenty going on in the property and mortgage markets, and recent developments could help you kick some goals of your own.
As we head into autumn, the property market is dishing up every buyer’s favourite combo: low rates and cooler prices.
A fresh start for kids but no change to interest rates Families across Australia can celebrate a double whammy – the kids are back at school, and the Reserve Bank has kept interest rates on hold. It’s great news for home owners juggling back-to-school costs and the challenge of getting their finances back in shape More…
What a year it’s been. Property prices have soared in some areas, fallen in others ; and investor lending rates have climbed despite the official cash rate holding firm.
The cash rate stays on hold in time for Christmas.
In an unsurprising move, the Reserve Bank of Australia has kept the official cash rate on hold at 1.5% in November and indicated that there will be no change for some time to come.
The Reserve Bank left the cash rate on hold in September for the 13 consecutive month at 1.5 per cent, despite economic signs improving across a range of sectors.
Once again, the RBA has held the cash rate at 1.5 per cent today as the economy continues to grow moderately, the inflation rate sits in its target range and unemployment remains steady.