The Reserve Bank of Australia’s board (RBA) made its third call on the cash rate this year and, in line with expectations, kept it steady at 0.10%. This is despite the faster than expected economic recovery and the surging property market. RBA governor Phili Lowe has repeatedly maintained “the RBA does not, and should not, target [...]
I've got some big stories about our booming market: Home loans demand soars Property prices rising fast Australia sets GDP record Good news for investors Read more below. Declan Hanratty 0409 089 456 Property prices rising fast throughout Australia Remember 2003? Well, that was the last time property prices were rising this fast. Across Australia, the [...]
The Reserve Bank of Australia (RBA) announced the official interest rate is being held at 0.10% where it has been since November. The move was widely anticipated as the RBA’s board has said they do not expect to increase the cash rate until inflation is within the 2-3% target band. This is not expected to happen [...]
There's some big property and tax news around right now: Positive conditions for borrowers ATO issues tax scam warning Property investors smiling Mortgage deferrals keep falling Read more below. Interest payments reach 25-year low Record-low interest rates are helping drive strong buyer interest and surging prices in many property markets throughout Australia. The share of income [...]
The Reserve Bank of Australia (RBA) has left official interest rates on hold at its first monetary policy meeting of the year. Last year, in response to the Covid-19 crisis, the RBA board made three rate cuts, reducing the cash rate from 0.75% to a record-low 0.10%. The cash rate is likely to remain at 0.10% [...]
It might be (almost) Christmas, but there's still plenty of big news: Rents surge in smaller capital cities Govt extends HomeBuilder by 3 months Property prices keep rising Beware of online shopping scams Read more below. Rents surge in Perth, Darwin, Canberra and Adelaide It’s been a mixed picture for property investors this year, with [...]
Christmas, a time to be merry, a time to catch up with loved ones, a time to experience financial stress Christmas time is about spending time with family, relaxing after a busy year and celebrating life. However, it has become more about buying expensive gifts, the fanciest holidays or the finest foods. Quite frankly Christmas has [...]
Is Now A Good Time To Buy Property? The simple answer is, it’s always a good time to buy property! But there are two provisos:- a/ if you can comfortably service your debt, and b/ if you are prepared to hold onto the property for the long term, that is ten years or more. The property [...]
Mortgage Broker Versus Bank Mortgage Broker versus Bank When seeking a home loan, borrowers have traditionally headed to the bank. In the good old days, you would pop in on the big building on the corner that had been your bank since you were a little nipper and chat with the bank manager who [...]
The unexpected costs of selling your home Byline author: Kate Browne Publication: Vanquish Finance Group You’ve put your house on the market for a reasonable price and you’ve got your eye on another property. You shouldn’t have to fork out too much from here, right? All you’ll need to buy are a few dozen cardboard boxes [...]
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