What a difference an election makes

It really does feel like the real estate market has given a collective sigh of relief, with the coalition retaining power. Irrespective of your political views, the uncertainly surrounding the impact of Labor’s policies on negative gearing and capital gains tax were causing nervousness in the real estate market. This was being reflected in prices continuing[…]

Reserve bank of australia keeps rates on hold

RBA keeps rates on hold at record low

The Reserve Bank of Australia (RBA) left the cash rate unchanged at 1.5 per cent at the December meeting of its board, the last meeting for 2018. This is the 26th consecutive time the bank has left the rate on hold, the lowest on record. This record period of inaction by the RBA has now[…]