In its first meeting for 2014 following the Christmas and New Year break, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5%. This decision is good news for home owners and investors, and should bolster the momentum of the property market following a busy spring auction season [...]
Happy New Year! We hope you enjoyed the break and took some time out with family and friends With the New Year already well underway, it's a great time to reflect on what happened in 2013 and start mapping out our strategies for 2014. By the end of 2013, the property market was finally showing [...]
As the silly season ramps up, the Reserve Bank of Australia announced today that it will keep the official cash rate on hold at 2.5% This is the fourth consecutive month the RBA has elected to keep the cash rate on hold, which is good news for home owners and should help to further boost [...]
With national property markets indicating a recovery, the Reserve Bank of Australia has elected to keep the official cash rate on hold at 2.5%, for the third consecutive month. This news should help to boost consumer confidence, with interest rates remaining low for the foreseeable future. Several economic factors could be influencing the RBA's decision [...]
With auction clearance rates at their highest levels in years, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5%. This news should help to keep interest rates low and support the continuing trend toward a more confident property market. Several economic factors could be influencing the RBA's [...]
With the Federal Election coming up this Saturday, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5%. This follows a cut of 25 basis points last month, which brought the official cash rate to a historic low. Home buyers are clearly enjoying the positive impact created by [...]
How low can you go? Today, the Reserve Bank of Australia decided to lower the official cash rate. After two consecutive rate holds, the board decided to reduce the official cash rate by 25 basis points to 2.5%. The July cash rate was already at a historic low, but a drop to the Australian dollar [...]
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 [...]
The Reserve Bank of Australia today decided to keep the official cash rate on hold. The Board decided to keep the cash rate unchanged at 2.75%, for the second consecutive month. With confidence creeping back into the housing market and signs that the appetite for borrowing in the household sector is picking up, the central [...]
After moving interest rates to a 53 year low in May, the Reserve Bank of Australia (RBA) has decided to leave rates unchanged at its June board meeting. Earlier this month, the RBA elected to take a "wait and see" approach by leaving rates unchanged at 2.75%, in light of new data suggesting that previous [...]
