The reserve bank of Australia decides to keep rates on hold

RBA rates on hold for 29th consecutive month

The Royal Bank of Australia yesterday announced that interest rates will remain at 1.5 per cent, where it has sat ever since August 2016.   RBA governor Philip Lowe said the low interest rate would continue to support the economy: “Further progress in reducing unemployment and having inflation return to target is expected, although this[…]

couple at an auction reversed

Is what the media is telling you the whole truth?

  As I was preparing for my speaking spot on Midday Panorama (NorthWest FM radio) with Vilma Formosa, I found it interesting to compare how the different suburbs of Melbourne are faring.  What I discovered, of course, is a slightly different picture to what the media feeds you. You’re most likely reading that the Melbourne[…]

The reserve bank of Australia decides to keep rates on hold

RBA keeps rates on hold despite their less optimistic view of the Australian economy

  After a 2 month summer break, the RBA has kept interest rates on hold at 1.5 per cent. In recent times the RBA has maintained a fairly optimistic view on the economy, however they did note in the post-meeting statement that “downside risks” have increased. Today’s meeting confirmed that the RBA hasn’t changed course,[…]

Buying a Home in Victoria

The state of Victoria in the southeast of Australia is the smallest state and the second most populous in the country. This most urbanised state has a population of more than 5.3 million as of 2011 but the Australian Bureau of Statistics predicts the number will increase to 7.2 million by 2050. Majority or almost[…]