Now that the winter solstice has passed, we get to enjoy a little bit more daylight every day. I hope you enjoy these four property and finance stories as well: Property achieves big milestone Govt low-deposit housing scheme expands Property listings tipped to "surge" ATO issues warning to property investors Read more below. The combined [...]
The Reserve Bank of Australia (RBA) increased the official cash rate by 50 basis points to 0.85% at today’s board meeting. The move was widely expected, as the RBA had previously signaled it intended to make several interest rate rises in the near future, to combat rising inflation. ‘Core’ inflation, which is currently 3.7%, is [...]
Fun fact: we're just a few weeks away from the winter solstice, the shortest day of the year. In the meantime, here's some even more interesting news: Why it might be time to refinance Buyers shifting to units Stay calm over fixed rates ATO issues tax scam warning Read more below. The Reserve Bank recently [...]
The Reserve Bank of Australia (RBA) increased the official cash rate by 25 basis points to 0.35% at today’s board meeting. This is the first cash rate hike in more than a decade and comes after core inflation grew by 3.7% over the year to March – well above the RBA's 2-3% target. May [...]
You're probably overwhelmed with election coverage, so instead of giving you even more politics news, I've found some property and finance stories I think you'll appreciate: Housing incentives expanded Homebuilding costs rise sharply Aussies prepared for rate rises 'Rate lock' feature explained Read more below. The federal government has expanded its support to first home [...]
As expected, the Reserve Bank of Australia kept the cash rate on hold at its April board meeting, with few commentators expecting a rate hike ahead of the federal election. But with inflation increasing, it’s possible the Reserve Bank will start increasing the cash rate later this year, from its current record-low level of 0.10%. [...]
Planning to go away for Easter? If so, book now, because hotels are filling fast. In the meantime, here’s what’s making news in property and finance: Property investor activity surges House-unit price gap widens The pros and cons of student loans Aussies choosing brokers over banks Read more below. The official data confirms what you [...]
The Reserve Bank of Australia (RBA) decided to keep the cash rate on hold at its historic low of 0.10% at the board’s March monetary policy meeting. The RBA’s last rate hike was more than a decade ago, in November 2010. While the central bank held fire today, there has been rising speculation it might [...]
Great news about the international border reopening! Meanwhile, here's what's making news in property and finance: Borrowers set home loans record First home buyers get savings boost Homebuilding costs rise 7.3% How to prepare for rate rises Read more below. Home loan activity reached a record high in December, according to the latest data from [...]
The Reserve Bank of Australia (RBA) has left the cash rate on hold at its first monetary policy meeting of the year. The move comes as no surprise, as the RBA has repeatedly said it won’t increase the cash rate until underlying inflation is sustainably within the 2–3% target range. The central bank does not [...]