The Reserve Bank of Australia today decided to keep the official cash rate unchanged. The Board decided to leave the cash rate at 3.50%, for the third consecutive month. Their decision to hold the current cash rate could be influenced by a decline in retail trade and uncertainty in both on and off shore economies. [...]
The Reserve Bank of Australia today decided to keep the official cash rate on hold. The Board decided that the cash rate will remain unchanged at 3.50%, for the second consecutive month. With the latest data from the Australian Bureau of Statistics showing low inflation figures, a hold today was considered likely. In the next [...]
The Reserve Bank of Australia has decided to keep the official cash rate unchanged. The Board decided to leave the cash rate at 3.50%. With significant cuts in both May and June, most industry experts predicted there would be no change to the current cash rate at today's meeting. Over the next few days we [...]
The art of subdivision Subdividing a larger block of land into two smaller lots can bring in sizeable profits for even the most inexperienced developer. An increasing number of investors are seeing strong returns by subdividing land, and for good reasons. Subdividing a larger block into two smaller lots can be a very effective and [...]
Secrets of commercial success They might involve the same underlying fundamentals, but don’t be confused – commercial and residential property investment require two very different strategies. Taking the road less travelled by investing in a commercial property could be a worthwhile move for investors who seek strong capital growth and sizable profits. With tight vacancy [...]
Some property investment truths As with any wealth creation strategy, there are no guarantees. But with a clear goal and the right approach, property investment could be your smartest choice. It’s well known – including outside this country – that Australians have a passion for real estate. Property investment is today the most popular long-term [...]
The Reserve Bank of Australia (RBA) this month cut the official cash rate by 25 basis points, the second consecutive rate reduction this year, marking a 0.75% reduction in the cash rate since April. The RBA's decision to lower the official cash rate to 3.50% was largely attributed to the continuing European debt crisis and [...]
[frame_right][/frame_right]The Reserve Bank of Australia today decided to lower the official cash rate. With the latest data from the Australian Bureau of Statistics showing the Australian economy is not performing strongly, a cut to interest rates was considered a good possibility. The Board decided to cut the cash rate by 25 basis points to 3.50 [...]
[frame_right][/frame_right]The Reserve Bank of Australia today decided to lower the official cash rate. With inflation figures released last week showing the economy cooling, a cut to interest rates was considered a certainty. The Board decided to cut the cash rate by 50 basis points to 3.75%. For the past three months, the Board had kept [...]
[frame_right][/frame_right]Smartening up your spending activity needn’t be a hassle if you follow a few simple savings strategies. With interest rates now at their lowest level since April 2010, it may be tempting to spend your extra cash. However, failing to look to the future can cost you over the longer term. Both in Australia and [...]
