Entries by admin

No Change! RBA keeps the rate the same

While economists have been divided on whether a cash rate cut was to be expected this afternoon, the odds for an alteration ahead of today’s meeting were the highest they’ve been since the rate last moved in August 2016.  However, the Reserve Bank of Australia has announced that the rate will remain on hold at […]

Buying in Partnership

How would you like to double your deposit and double your income to buy your first property? Sounds pretty good doesn’t it? That’s the reason why many young homebuyers are now working together with a partner, friend or relative to break into the property market. Although there are some excellent benefits to entering a property […]

RBA holds cash rate at 1.5% yet again

The Reserve Bank has kept the official cash rate at a record low 1.5 per cent for a 32nd straight month, as widely anticipated by economists. The decision at Tuesday’s April board meeting means the cash rate has not moved in 32 months. The rate, which reflects what the central bank charges commercial banks on […]

Some Common Home Buying Blunders

Your home is likely to be the biggest purchase you make, so it’s something you want to get right. Mistakes can be stressful and costly. Here are the biggest ones buyers make and some tips to help you avoid them. 1) Letting your heart rule your head. It’s often easy to be dispassionate about an […]

RBA announces March cash rate

In its second announcement of the year, the Reserve Bank of Australia (RBA) has announced that the official cash rate will remain on hold at 1.5% In a statement the RBA said the central scenario is still for the Australian economy to grow “by around 3% this year”. Speculation around the decision has intensified over […]

First Cash Rate in 2019 Announced

The Reserve Bank of Australia (RBA) has made its first cash rate announcement of 2019, at a time when most of the industry is still concerned with the fallout from the Royal Commission report. To no surprise, the rate has remained on hold at 1.50%, where it has stayed since August 2016. While RBA governor Philip […]