RBA adopts a ‘wait and see’ approach after last month’s rate cut. With domestic economic growth below the long-term average, the Reserve Bank felt that leaving the cash rate unchanged
is the best course of action. This decision was highly influenced by a stronger-than-expected Australian Dollar
against major currencies, and a reduction in
Looking to buy property? Depending on your lifestyle, an apartment could be just the ticket
- here are some of the financial benefits. While the traditional dream of owning a property is the big
house with the red door and two and a half kids, times and
attitudes are changing. Many people want to
Worried you should have already started saving? Here are some signs that it's time to knuckle
down and get working on that home deposit. Did you know that 10.2 per cent of Australians between 6
and 13 years old have more than $1000 saved? Now, of
course this is probably with a little bit
Cash rate continues its descent to lowest rate in Australia’s history. In what was one of the more contentious rate decisions of late, the RBA has
announced that the best course of action was to reduce the cash rate a further
0.25%.
This decision was less about offsetting negative economic trends, but to further
stimulate
Not everyone knows exactly what to do when the Reserve
Bank drops the cash rate and holds it low - but here are
some options available to you. As you likely heard, the Reserve Bank of Australia dropped
its official cash rate back in February to 2.25 per cent, and
has since decided to hold
The cash rate has remained on hold at 2.25% however, the RBA speculates that another rate cut is on the way. Both moderate global economic growth and a below-trend pace of domestic growth are the key reasons for the RBA board deciding to leave the cash rate at 2.25% today. However, in
The RBA has left the cash rate on hold for another month, despite speculation it would drop again. With recent inflation levels remaining low, there was division amongst industry experts as to whether another rate cut was on the table for March. However, the Reserve Bank of Australia Board has elected
If you are thinking of building your own home, you will need to be familiar with the ins and outs of construction loans. Construction loans are just not as straightforward as simple home loans. There are additional decisions to be made about the structure of the loan, additional documentation is required
Interest rates are a big factor in each repayment and the total cost over the life of a loan, so staying on top of your current rate as well as the interest trends across the market is essential. By staying on top of interest rates, borrowers can make informed decisions about
What do light fixtures, flooring, garbage bins and shower curtains have in common? They all age, wear out, and
depreciate in value. They are also items that property investors can claim against their taxable income. For owners
of income-producing property, depreciation is a valuable source of tax deductions – and 8 in
