The cash rate decision for March has been announced by the RBA with a rate cut. The RBA has reduced the cash rate to a new record low of 0.50% in response to the economic threat posed by the coronavirus outbreak and bush fire crisis. Whilst the Reserve Bank would…
Bushfires have devastated communities across Australia, but help is flooding in from business, government and individuals. Big banks and small lenders have been quick to step up with a raft of measures to ease the pressure on affected customers, from waiving fees and deferring repayments to fast-tracking low-interest rebuilding loans….
Many first home buyers now have access to a new government scheme that could get them into their first homes years sooner. Housing affordability is a key challenge for many younger people who are struggling to get into the housing market. Despite historically high house prices levelling out and lower…
Nothing beats a professional inspection, but here’s how you can spot issues when you’re looking through your potential new home. When you first walk through a house you can often tell in an instant if it’s the one you want to buy. The question is, is it the one you…
The first cash rate decision for 2020 has been announced by the RBA with the rate unchanged at 0.75%, as it assesses the economic threat posed by the bushfire crisis and the coronavirus outbreak. The Reserve Bank will have been encouraged by positive employment, inflation and house price figures and…
The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.
Many people believed that the low RBA cash interest rate, that had remained unchanged over the last couple of years, was about as low as it would go.
