Real Estate News, Tips & Tools. Your Partners in Property Sales, Leasing, Management and Strata. NSW, WA and ACT.
The board caused few surprises by leaving the official cash rate at 2 per cent, where it has been since May 2015. All 29 economists and commentators surveyed by comparison website finder.com.au predicted today’s result. The Reserve Bank might have been tempted to reduce interest rates to stimulate the sluggish economy – but with rates already […]
Capital city house prices have finished the financial year with double-digit gains, thanks to record low interest rates. Home values rose 10.1 per cent in the 12 months to the end of June, the RP Data Rismark Home Value Index showed on Tuesday. Sydney once again was the most expensive city with prices rising 15.4 […]
The Reserve Bank of Australia (RBA) has decided to keep the cash rate at 2.5 per cent for November. RP Data national research director Tim Lawless said the decision to hold the cash rate steady came as no surprise. “From a housing market perspective, the current rate setting is clearly having the intended effect of […]
While Melbourne shuts down for its Melbourne Cup public holiday, market participants will probably be able to enjoy race day without having to keep an eye on the RBA interest rate move when the bank it makes its monthly announcement today. HSBC chief economist in Australia Paul Bloxham said analysts were not expecting any movement […]