It’s been an interesting month for the housing market, with most capital cities experiencing softer growth in April than in the first three months of 2017. Hobart is leading the way as the strongest housing market, with home values increasing 5.1% over the past three months. In Melbourne and Sydney home value growth slowed in […]
At its May meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5%. What does this means for you? Interest rates remain low, so it’s still a great time to invest in property or to purchase a home! Despite some lenders raising interest rates on both owner-occupier and […]
Winter is here, but our property markets are running hot! The Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0% at its monthly Board meeting today. Whilst the decision was widely expected, it was made amongst speculation that there is another rate cut on the horizon this year, […]
Autumn has arrived, and across Australia, property market activity is picking up after a relatively quiet summer period. It’s looking like we can expect an even busier autumn property season than last year in most cities. In the first week of March, the Reserve Bank of Australia (RBA) held its monthly meeting and elected to […]
This month, the news is all good for those in the market to purchase a property! At its October meeting, the Reserve Bank of Australia has once again decided to keep the official cash rate on hold at 2.5%. This is the 13th consecutive month where the cash rate has remained at these historically low […]
As the favourite Fiorente finally brought home the Melbourne Cup for Australian racing legend Gai Waterhouse on Tuesday, the Reserve Bank of Australia decided to leave the official cash rate on hold at 2.5% for the third consecutive monthly board meeting, in line with expectations. The decision follows encouraging improvements in household and business confidence […]
There is a wide range of information available to homebuyers and investors, but it can be overwhelming if you don’t know where to start Whether you are purchasing your first home or starting an investment portfolio, the traditional methods of research such as websites, magazines, news reports and company announcements are always a good place […]
With the Reserve Bank of Australia (RBA) still assessing the effects of previous rate cuts, the central bank decided to leave the official cash rate on hold at a historical low of 2.75%. The RBA last cut the cash rate – by a quarter of a percentage point – in May, having made four cuts […]
Christmas has come early for mortgage holders this year, with the Reserve Bank of Australia deciding to lower the official cash rate. At its meeting today, the Board has decided to reduce the cash rate by 25 basis points to 3.0%. Their decision was based on information that suggests our economic conditions are somewhat weaker […]
The Reserve Bank of Australia today decided to lower the official cash rate The Board has decided to lower the official cash rate by 25 basis points to 3.25%. This cut has come after three consecutive holds. The recent drop in commodity prices could explain why an interest rate cut was considered necessary. Plus, minimal […]
