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Tag Archive 'banks'

Autumn market update

Following the Reserve Bank meeting this month, the cash rate was left unchanged at 1.5 per cent. The chance of a rate cut to 1.25 per cent was at 9.0 per cent according to the ASX RBA Rate indicator, however the rates were left on hold. Auctions have continued strongly in the March 2017 quarter […]

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At its meeting yesterday, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the housing market continue to vary considerably around the country. In some markets, conditions are strong and prices are rising briskly. In other markets, prices are declining. In the eastern capital cities, a considerable additional supply […]

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Interest only loans are becoming increasingly popular. ASIC data indicates that one in four owner-occupier loans in Australia is now interest only, and two out of three investment loans. With an interest-only loan, the lender issues a standard mortgage but agrees to a term in which the borrower pays only the interest, which means monthly […]

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Most mortgagees will refinance their home loan several times over the period of the loan. In fact, loan experts agree it’s important to reassess your loan every 5 years or so to ensure you are still on the right financial path. Be careful though, many borrowers make one of more of the following mistakes when […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. In Australia, the economy is continuing its transition following the mining investment boom. Some slowing in the year-ended growth rate is likely, before it picks up again. Further increases in exports of resources are expected as completed projects […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Low interest […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent.  The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China’s […]

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At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. This follows information showing inflationary pressures are lower than expected. The global economy is continuing to grow, though at a slightly lower pace than earlier expected, with forecasts having been revised […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several advanced economies have recorded improved growth over the past year, conditions have become more difficult for a […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some softening in conditions in the Asian region, continuing US growth and a recovery in Europe. Key commodity prices are much lower than a year ago, reflecting increased […]

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