At its March meeting, the Reserve Bank of Australia elected to keep the official cash rate on hold at 1.5%. What does this mean for you? Borrowers should continue to expect rate adjustments from lenders outside of RBA movements due to their own increasing costs of borrowing. Property investors are facing tougher criteria from some [...]
This month, the Reserve Bank of Australia met for its first meeting for the year and elected to keep the official cash rate on hold at 1.5%. The official cash rate has been at an all-time low for some time now and forecasters are undecided about where the RBA will take it next. It seems [...]
We hope you are enjoying the fantastic summer weather and are all ready for another exciting year as things start to heat up in the Australian property market! The Reserve Bank of Australia (RBA) met today for its first meeting for 2017 and has elected to keep the official cash rate on hold at 1.5% [...]
Happy New Year! We hope you enjoyed the break and Santa was kind to you and your family this Christmas. Are you ready for another fantastic year in our property markets? As the Reserve Bank of Australia will not meet until the first Tuesday in February for its initial rate meeting for 2017, there is [...]
Summer is here and Christmas is just around the corner. Our last newsletter for 2016 focuses on maximising those New Year car sales, investment loans and becoming a good landlord, and how you can apply some damage control to your Christmas spending. The Reserve Bank of Australia (RBA) has met for their final meeting for [...]
Summer has arrived and at its final meeting for 2016 today, the Reserve Bank of Australia (RBA) has elected to keep the official cash rate on hold yet again. Whilst some forecasters were predicting a cash rate cut today, as an early Christmas present, most were expecting the official cash rate to remain on hold [...]
We hope you picked a winner on Melbourne Cup Day last week! We've now moved into the busiest time of year in our property markets, so we hope you're ready to handle the pace this spring. At its 2016 Melbourne Cup Day meeting, the Reserve Bank of Australia (RBA) decided to keep the official cash [...]
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 [...]
