At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50% for November. According to comments made by RBA Governor Dr Philip Lowe last month, today's decision was largely based on 3rd quarter CPI inflation data*. This data has [...]
Conditions are great for home buyers and borrowers! Are you ready to tackle all the excitement of our very busy spring property markets? Last month, the Reserve Bank of Australia (RBA) appointed a new Governor, Dr Philip Lowe. After his very first meeting as the RBA Governor, Dr Lowe announced the RBA would be keeping [...]
Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50%. Today's RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement of Glenn Stevens in September who served [...]
Spring is here and it's also the start of the busiest time of year for our property markets! Auction activity is already heating up in our largest capital cities – are you ready for the rush? At its September meeting last week, the Reserve Bank of Australia (RBA) decided to keep the official cash rate [...]
Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5%. Today's RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to all-time lows. The move prompted a flurry [...]
Whilst our property markets have cooled somewhat over winter, the recent rate cut from the RBA looks all set to motivate buyers and reignite property market activity in time for spring At its August meeting, the Reserve Bank of Australia (RBA) decided to cut the official cash rate by 25 basis points to just 1.50%. [...]
Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50%, creating the lowest cash-rate ever on record! The decision follows the release of June quarter inflation data last week that revealed inflation has slipped well below the RBA's [...]
With Britain's vote to exit the EU and all the uncertainty that surrounded our own Federal Election this month, there's a lot of volatility in our financial markets and our property markets have slowed. As predicted by most market forecasters, the Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold [...]
With plenty of market volatility surrounding Britain's decision to exit the EU last month and the uncertainty surrounding our inconclusive Federal Election, the Reserve Bank of Australia (RBA) met today for its July meeting and decided to keep the official cash rate on hold at 1.75%. Market analysts widely predicted today's decision, anticipating that our [...]
With winter setting in and no sign of our property markets slowing, the Reserve Bank of Australia (RBA) met today for its June meeting and elected to keep the official cash rate on hold at 1.75%. The official cash rate is currently at all-time lows following a rate cut last month. Forecasters are predicting that [...]
