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Do you have an interest only investment property loan?

The concern around interest only loans has been well publicised recently, with many economists concerned that tougher lending standards will place a proportion of investors under financial stress when interest only periods for individual borrowers…

Would you buy a house with friends or family?

It’s not uncommon for friends and relatives to band together to capitalise on the investment property market.  But what happens when it all goes wrong? The Housing Industry Association shows that it now takes 2.04…

RBA Lower Cash Rate by 0.25%

RBA:  Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow,…

RBA Cash Rate Lowered by 0.25%

RBA:  Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. This follows information showing inflationary pressures are lower than expected.…

Reserve Banks lowers cash rate

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015. The global economy is…

Reserve Bank leaves rates on hold

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.25 per cent. Growth in the global economy continued at a moderate pace…

Reserve Bank lowers rates

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015. Growth in the global…

RBA reduces interest rates

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.5 per cent, effective 7 August 2013. Recent information is…

RBA reduces cash rate

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. The global economy…

Changes for First Home Buyers

Changes to First Home Buyers Grant The tables below set out the different amounts that first home buyers in Victoria may be eligible for from 1st July 2013 (subject to passage of legislation): Conditions Grant…

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