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Tag Archive 'economy'

RBA Leaves Rates On Hold

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Headline inflation rates, having moved higher over the past year, have declined recently in response to lower oil prices. Wage growth remains subdued in most countries, as does core inflation. Further increases in US interest rates are expected […]

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In the 2017-2018 Federal Budget handed down by Treasurer Scott Morrison on the 9th of May 2017, the Government proposed changes to the Taxation Laws. From 1 July this year, all travel deduction relating to inspecting, maintaining or collecting rent for a rental property – previously allowable – will be disallowed. This is relevant for […]

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Even before the 2017 state budget was handed down by Tim Pallas, the Victorian real estate fraternity was twitching with anticipation. Where would the government give and take? Well, it’s all out in the open now, and it seems property investors are the hardest hit by the latest budgetary measures in the government’s attempt to […]

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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 today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Headline inflation rates in most countries have moved higher over the past year, partly reflecting the higher commodity prices. Core inflation remains low, as do long-term bond yields. Further increases in US interest rates are expected over the […]

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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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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 end of the mining investment boom. GDP was weaker than expected in the September quarter, largely reflecting temporary factors. A return to reasonable growth is expected in the […]

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REIA recently released the REIA Real Estate Market Facts for the September quarter 2016 which shows that the weighted average capital city median price increased by 1.4% for houses and 1.6% for other dwellings. “The weighted average median house price for the eight capital cities is now $712,776. Reflecting the differing fortunes of state economies, […]

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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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The 2016 spring property market is delivering everything home sellers desire: solid price growth, high clearance rates and strong buyer demand. September quarter median house figures published by the REIV also indicate a positive and growing market. Melbourne’s median house price increased 3.25% since June to settle at $740,000. The inner and middle suburbs were […]

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