The RBA has left the cash rate at 1.75%, but for how long? The Reserve Bank of Australia has elected to keep the cash rate at its current level, leaving the door open for further rate cuts later in the year, if necessary.
Governor Glenn Stevens of the RBA had this
The RBA shocks by reducing the cash rate a further 0.25%
In what was a shock to many experts, the Reserve Bank of Australia has reduced the cash rate a further 25 basis points, taking the official rate to 1.75%.
Australia’s recent low inflation rates has been highlighted as a key reason
The RBA continues to hold the cash rate at 2 per cent. Off the back of encouraging inflation signs, continued economic growth and the moderation of Australia’s property market, the Reserve Bank of Australia (RBA) has announced that the cash rate will remain at 2 per cent for at least one
Nobody likes bills. Everyone tries to avoid them or cut
down on them or watches in despair as their bank
account trickles down as a result of them. Utility bills can be a major factor in stopping you from budgeting correctly and achieving your financial goals.
In 2010, the Australian Bureau of Statistics (ABS)
reported that
If you are an investor, you might be reconsidering your investment strategy this year due to falling returns in certain
States. What's happening, and how can you prevent it?
You might be having trouble finding tenants. Both Perth and Darwin have seen 4.1 per cent vacancy rates, which
means a lot of rental
It sounds impossible, but it really can
sometimes be cheaper to buy than to rent.
New data from the Real Estate Institute of
Victoria (REIV) has revealed that in some
suburbs of Melbourne, there are properties
where it would be cheaper to take out a
home loan and purchase the property than
to rent it.
The report showed
It comes as no surprise to many industry experts that the Reserve Bank of Australia (RBA) has left the cash rate at 2 per cent.
Having adopted a more observational strategy in the last 6 months, the RBA will wait and see whether there is any significant adjustment in either the
Saving money has some very distinct similarities with
going on a diet. It can affect your lifestyle, as you
consume less of what you love in order to achieve a goal
that often takes forever before you see any results.
The recent Suncorp Bank Australians' Saving Habits
Report found that many people in our nation
There are a plethora of reasons to invest in property, including the tax benefits and retirement planning. But let's be honest, the main motivation is to be able to line your pockets with cash, purchase a sports car, own a property that smells of rich mahogany and be such a big deal
Saving takes real steel and tenacity. How much of a
deposit do you need to gain finance for your first home
does it need to be an alp or just a hill? The first hurdle to buying your first home is possibly one
of the hardest. Putting your money aside to accumulate
for a deposit
