Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with the…
Read MoreWhy is everyone talking about Negative Gearing and how does it affect you? There has been a lot of debate surrounding Negative Gearing and its affects recently after the Turnbull Government announced there would not be any changes to Negative Gearing and the Capital Gain Tax. The REIV and REIA have both shown their support…
Read MoreBUBBLE or no bubble, boom or bust, some real estate just seems to be bullet proof. Although most reality “realty” television tells us that top dollar property is all about designer interiors that range from sleek stone kitchens to bespoke bathrooms, experts say it’s actually not what’s on the inside that counts. Real estate has…
Read MoreNational Australia Bank is the only one of the four big domestic lenders to commit to calling a cut to the cash rate next week in the wake of Wednesday’s surprisingly low inflation report. NAB’s switch followed data from the Australia Bureau of Statistics showing headline deflation for the first quarter this year. It was the first negative…
Read More