Cash rate announced ahead of federal budget

The RBA has revealed its cash rate decision for April ahead of the release of the federal budget this evening. Following its monthly board meeting, the Reserve Bank of Australia (RBA) has announced that it has held the official cash rate at 1.5 per cent. It has been two and a half years (August 2016) [...]

By |2019-04-09T03:57:17+00:00April 2nd, 2019|Interest Rates, Uncategorized|0 Comments

RBA announces March cash rate – same old, same old.

In its second announcement of the year, the Reserve Bank of Australia 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 recent [...]

By |2019-03-05T04:26:21+00:00March 5th, 2019|Uncategorized|0 Comments

Five things you should know about the royal commission into banks

Turnbull’s backflip PM Malcolm Turnbull has long warded off calls for a royal commission into banking from the opposition party and more recently from pollies in his own camp. Last week, the PM finally reneged and announced a royal commission will take place next year to investigate misconduct in the financial services sector and restore [...]

By |2017-12-11T02:07:23+00:00December 11th, 2017|Uncategorized|0 Comments

What to do if you get turned down for a home loan

Here is an informative article in regards to gaining approval on a home loan by Peter Ellis for MoneyMag. Have you applied for a home loan lately? If not you might be in for a shock. A lot has changed in the past few years and for people who are upgrading or refinancing to access [...]

By |2017-05-30T00:38:40+00:00May 30th, 2017|Uncategorized|0 Comments