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Once you’re clear on your long-term financial goals and the strategy you’re going to undertake, then you can start looking at properties. But what precisely should you be looking for? Exactly which type of property you go for depends on your goals, strategy and level of involvement. However, there are a few decisions that you […]Read More
However, the bank has revealed that it “took careful note of recent developments in the housing market, noting the effects of supervisory measures to strengthen lending standards, the recent easing in housing credit growth and the abatement of strong price pressures” when deciding to lower the cash rate to a fresh record low. That comment […]Read More
The Reserve Bank has left open the possibility of further interest rate cuts if wages and inflation remain stagnant and the housing market continues to cool. In its quarterly Statement on Monetary Policy, Australia’s central bank explained that Tuesday’s decision to cut the cash rate to a record low 1.75 per cent was not triggered […]Read More