September 2020 – interest rates still on hold
The RBA's full statement.
RBA rates on hold at 0.25% – August 2020
At its meeting today, the Reserve Bank of Australia (RBA) has kept the official cash rate at the historic low of 0.25%. To view the official RBA statement, please visit the Reserve Bank’s website. Property market snapshot for July 2020
Mortgage Focus – July 2020
Good news for owner occupiers and first home buyers this month. The HomeBuilder grant may just help you reach your homeownership or renovation goal sooner. Home loan interest rates remain low and with the upcoming spring buying season, now is a good time get pre-approval on a competitive home loan. Interest rate news The Reserve [...]
RBA July 2020 announcement
At its meeting today, the Reserve Bank of Australia (RBA) has kept the official cash rate at the historic low of 0.25%. To view the official RBA statement, please visit the Reserve Bank's website. With this announcement, it is likely interest rates will remain low for a while. Now is the perfect time to compare [...]
Mortgage Focus June 2020
Winter has arrived quickly and we’re hoping you’re well and keeping warm. Recently the property market slowed down considerably with the COVID-19 pandemic having a huge impact. Find out more about home value movements in each state below. Interest rate news The Reserve Bank of Australia (RBA) announced it has decided to keep the official [...]
RBA – rates on hold for June 2020
This month the Reserve Bank of Australia (RBA) has kept the official cash rate at the historic low of 0.25%. RBA governor Philip Lowe said in the previous meeting that the RBA is prepared to scale up its bond purchases if needed. They will do whatever necessary to ensure bond markets remain functional and achieve [...]
Mortgage Focus May 2020
Days have started to get colder as we see the first glimpse of winter. We hope you are well and safe where you are. Autumn is usually a busy time for property auctions, but we have seen a decline in numbers due to the temporary ban on onsite auctions and open inspections. When the COVID-19 [...]
Mortgage Focus April 2020
We hope you are doing well and staying safe amidst the current global situation we have surrounding the COVID-19 pandemic. With new policies being implemented that ban on-site auctions, we suggest looking into remote auctions and inspections for now. Please get in touch with us to discuss how to get started. This time could also [...]
Yes, we’re still open for business
Due to the rapid escalation of the COVID-19 pandemic we are taking steps to protect the health of our clients, staff and community, and also mitigate the spread of the virus. While our physical office is currently closed and we're not currently available for face-to-face meetings, we are still operating as usual remotely and virtually. [...]
Emergency RBA meeting leads to cash rate cut
At its emergency meeting today the Reserve Bank (RBA) announced a cash rate cut of 0.25%, bringing the cash rate to 0.25%, the lowest in Australian history! This cut was made in response to the global coronavirus (COVID-19) crisis, which has been declared a pandemic by the World Health Organization (WHO). Australia has entered unchartered [...]