In the world of money, nothing stands still for long, but the last quarter has delivered a raft of potential game-changers that you need to know about.
BREAKING NEWS: RESERVE BANK CUTS RATES! This is the news we’ve all been waiting for! The Reserve Bank of Australia (RBA) has made history, cutting the official cash rate by 0.25%. This takes the cash rate to a new record low of 1.25%. This is real cause for celebration among home owners if lenders pass More…
Cash rate stays anchored at 1.5%
What an amazing start to 2019! Low interest rates, improved housing affordability and a strong employment market are creating great opportunities to achieve your property goals.
April has once again seen the Reserve Bank of Australia (RBA) keep the official cash rate on hold at 1.5%.
“No change” says the RBA The Reserve Bank of Australia (RBA) is once again staying on the fence, keeping the official cash rate on hold at 1.5%. The RBA’s ‘steady as she goes’ approach will be welcomed by home owners. Stable rates are a real plus for managing household spending and planning your finances for More…
Cash rate on hold at historic low of 1.5%
Santa comes early with the cash rate on ho-ho-hold The year has flown past but Australia’s official cash rate isn’t going anywhere. Borrowers were gifted an early Christmas present with the Reserve Bank of Australia holding the cash rate steady at 1.5% to close out 2018. The RBA believes the low cash rate is supporting More…
With the end of 2018 fast approaching, let’s take a rear vision look over the past quarter – and a forward look at what may lie in store in 2019.
In the space of just a few days, we’ve seen big bank rate hikes, no change to the official cash rate, and property prices fall in key markets. Let’s break it down to see what it all means for spring 2018.