Rates on hold for December 2016

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 […]

Read More

Outlook for 2014

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 […]

Read More

State of the economy, November 2013

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 […]

Read More

Third month at 2.5%

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 […]

Read More

Several factors affecting RBA’s decision to keep rates at 2.5%

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 […]

Read More

Cash rate hits historic low!

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 […]

Read More

Official cash rate lowered to 2.75%

Investors and mortgage holders can breathe a sigh of relief today with the Reserve Bank of Australia deciding to lower the current cash rate. Today the board has decided to lower the official cash rate by 25 basis points to 2.75%, in the first rate cut since December 2012. Low inflation rate figures for the […]

Read More

November rates stay steady at 3.25%

The Reserve Bank of Australia today decided to keep the official cash rate on hold. The Board decided that the cash rate will remain unchanged at 3.25%. This came after their decision to cut the rate by 25 basis points in October. With poor performance in the mining industry, and the fall of commodity prices, […]

Read More

Will the banks pass on latest interest rate cut?

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 […]

Read More

Property bargains with suppressed property prices and lower mortgage rates ahead

Home buyers and investors alike could snag themselves a bargain this spring, with early forecasts flagging suppressed property prices and lower mortgage rates over coming months. For the third consecutive month, the Reserve Bank of Australia’s (RBA’s) Board decided to leave the official cash rate unchanged at 3.50% at its September meeting. Reserve Bank Governor […]

Read More