Category: News

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Interest Rate News

August 1, 2017/News/0 Comments

At its August meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. How will this news affect your situation? With no cash rate movement from the RBA, interest rates remain competitive so it could be a good time to purchase…

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Interest Rate News

July 4, 2017/News/0 Comments

At its July meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you? Even though the official cash rate remains unchanged, lenders continue to make interest rate moves. Last month, the big four banks increased rates…

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Interest Rate News

June 13, 2017/News/0 Comments

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 offer competitive deals for those looking…

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Interest Rate News

May 2, 2017/News/0 Comments

At its May meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you?   Interest rates remain low, so it’s still a great time to invest in property or to purchase a home! Despite some lenders…

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Interest Rate Update

April 5, 2017/News/0 Comments

At its April meeting, the Reserve Bank of Australia decided to keep the official cash rate on hold at 1.5 per cent. What this means for you? Last month we saw lenders adjusting rates outside of RBA movements, due to their own increasing costs of borrowing and investment appetite. Despite…

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Interest Rate News

March 8, 2017/News/0 Comments

At its March meeting, the Reserve Bank of Australia elected to keep the official cash rate on hold at 1.5 per cent. What this means for you? Borrowers should continue to expect rate adjustments from lenders outside of RBA movements due to their own increasing costs of borrowing. Property investors…

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Interest Rate News

February 7, 2017/News/0 Comments

We hope you are enjoying the fantastic summer weather and are all ready for another exciting year as things start to heat up in the Australian property market! The Reserve Bank of Australia (RBA) met today for its first meeting for 2017 and has elected to keep the official cash…

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Interest Rate News

December 7, 2016/News/0 Comments

Summer has arrived and at its final meeting for 2016 today, the Reserve Bank of Australia (RBA) has elected to keep the official cash rate on hold yet again. Whilst some forecasters were predicting a cash rate cut today, as an early Christmas present, most were expecting the official cash…

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Interest Rate News

November 2, 2016/News/0 Comments

At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50 per cent for November. According to comments made by RBA Governor Dr Philip Lowe last month, today’s decision was largely based on 3rd…

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Interest Rate News

October 4, 2016/News/0 Comments

Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50 per cent. Today’s RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement…

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