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 [...]
An interest only home loan is a product that allows you to obtain a loan and only pay the interest for a set period of time, without paying off any of the loan principal. Many people think that interest only home loans are only for serious property investors with aggressive purchasing strategies. However, all kinds [...]
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 [...]
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 wild storms threatening to disrupt property markets all around the country, winter has set in but activity hasn't cooled! The Reserve Bank of Australia (RBA) met for its June meeting last week and decided to keep the official cash rate on hold at 1.75%. With low inflation rates and the Aussie dollar creeping higher, [...]
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 [...]
The autumn property market is proving to be very busy and full of opportunities for home buyers and investors. We expect lower interest rates will stimulate the market even further, so talk to us about getting your finance in place now! The Reserve Bank of Australia (RBA) met for its May meeting last week and [...]
