The Reserve Bank of Australia (RBA) has met for the first time this year and decided to keep the official cash rate on hold. Flat economic data for the last quarter of 2018 will most likely motivate the RBA to leave them unchanged for some time. Meanwhile, several banks have announced out-of-cycle rate changes – some larger lenders raised their variable rates, while a few smaller lenders lowered them to grab market share.
Useful Links www.mfaa.com.au
Mortgage and Finance Association of Australia
www.brokernews.com.au
Up to date information and articles relating to the Mortgage Industry.
www.rba.gov.au
Reserve Bank of Australia
www.sro.vic.gov.au
Victorian State Revenue Office. Up to date information regarding stamp duty etc.
www.asx.com.au
Australian Stock Exchange
www.brw.com.au
Business Review Weekly. Up to date information regarding the property and financial industry.