Australia’s official cash rate will remain on hold at the historically low level of 0.10 per cent after the Reserve Bank of Australia (RBA) decided it was the best move for the economy. You can check out today’s official statement on the RBA’s website. The RBA’s...
Due to the rapid escalation of the COVID-19 pandemic we are taking steps to protect the health of our clients, staff and community, and also mitigate the spread of the virus. While our physical office is currently closed and we’re not currently available for face-to-face meetings, we are still...
Our office is closed until after Easter on Tuesday the 23rd April, 2019. Please don't hesitate to send us an email and we will respond on our return. Have a Happy Easter and talk on my return....
Royal Commission Obviously over the past couple of days, there has been a lot of press regarding the Banks and now Mortgage Brokers. And yes the Banks have issues with their culture and lets hope this will fix the problem. The Commissioner has made some misleading comments...
As expected, the RBA kept the official cash rate on hold again at its November Melbourne Cup Day meeting. Forecasters are predicting no rate rises until late 2020 and don’t rule out the next move being a rate cut, considering declining home prices. However, despite...
Just a Warning This happened to me recently over a 2 day period. I have been rung from a Bank supposedly saying that there is a problem with my account. Both times there was a slight delay before a person started talking, which I was immediately...
Hello everyone, At its June meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at an historic low of 1.5 per cent. With the cash rate on hold, interest rates are likely to remain low and lenders will continue to...
Home & Investment Interest Rates Financial Institutions have changed Interest rates depending on the specific loan you have. Rates are different if a Home Loan or Investment and whether Principal and Interest or Interest Only. There has been a lot of pressure from Government bodies passed...
Well rates are on hold for this month as predicted. That's with the RBA though. The Banks are a different case and will move outside of the RBA. Now may be a good time to review what you have. Don't hesitate to contact me....
Well the RBA kept rates as they are, however some banks have increased Fixed rates and even some are increasing Variable rates on Investment Loans. If you wish to have you facilities reviewed, please do not hesitate to contact me....