Buying a home is a significant investment that requires careful financial planning and management. O...
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Buying a home is a significant investment that requires careful financial planning and management. One of the most critical aspects of owning a home is managing your mortgage. For many homeowners, their mortgage is the most significant financial obligation they have. Therefore, it is essential to manage it wisely to avoid unnecessary costs and financial stress. This is where the advice of a financial advisor comes in handy.
Fast-Track Your Mortgage: Tips for All Homeowners
Buying a home is a significant investment that requires careful financial planning and management. One of the most critical aspects of owning a home is managing your mort... Continued
As was widely expected, the RBA decided to keep the official cash rate at 3.60% today as they take time to assess the impact of previous rate increases on the economy.
Rates On Hold – For Now
As was widely expected, the RBA decided to keep the official cash rate at 3.60% today as they take time to assess the impact of previous rate increases on the economy. Ho... Continued
The RBA has increased the cash rate to 3.60 per cent. If you have a home loan, here’s what you need to know:
- The Board has decided to increase the cash rate by .25% and most lenders are expected to follow suit.
- Global inflation remains very high, but it is expected to moderate over time.
- Growth in the Australian economy has slowed and is expected to be below trend in the coming years.
- In contrast, the outlook for business investment remains positive.
- The labour market remains tight, with low unemployment rates and increasing wages. However, the RBA remains alert to the risk of a price-wages spiral.
- The Board’s priority is to return inflation to target while keeping the economy stable.
- It’s likely that further tightening of monetary policy will be needed to achieve this goal.
- The RBA will closely monitor developments in the global economy, household spending, inflation, and the labour market when making future decisions about interest rates.
We understand that rising interest rates will have an impact on your household spending and budget. While some households have savings they are trying to preserve, others may be experiencing a real financial squeeze. As lending specialists, we can help you understand the impact of these changes on your cash flow and find ways to manage your repayments.
The RBA has increased the cash rate by .25%
The RBA has increased the cash rate to 3.60 per cent. If you have a home loan, here’s what you need to know: The Board has decided to increase the cash rate by .25% and m... Continued
The RBA has increased the cash rate to 2.60 per cent.
The Reserve Bank of Australia increased the official cash rate by 25 basis points today as part of the ongoing battle to return inflation to the 2–3 per cent range.
Rates have increased again, is there light at the end of the tunnel?
The RBA has increased the cash rate to 2.60 per cent. The Reserve Bank of Australia increased the official cash rate by 25 basis points today as part of the ongoing battl... Continued
As we expected, this Budget doesn’t deliver any major structural reforms. It mainly includes key spending measures in infrastructure, manufacturing and defence aimed at driving Australia’s economic recovery in a post-pandemic, natural disaster and conflicted international environment.
Budget Summary 2022
As we expected, this Budget doesn’t deliver any major structural reforms. It mainly includes key spending measures in infrastructure, manufacturing and defence aimed at d... Continued
Those of a certain age will remember the classic 1990s hit song by UK pop band D:ream titled “Things Can Only Get Better”.
Things can only get better
Those of a certain age will remember the classic 1990s hit song by UK pop band D:ream titled “Things Can Only Get Better”. You might be wondering what this has to do with... Continued
As Melbourne re-enters stage three lockdown for six weeks, while the rest of the nation continues to emerge from hibernation, let’s look at what’s been happening and what it may mean for you and your loved ones.
Melbourne Lockdown – What It Means For You
As Melbourne re-enters stage three lockdown for six weeks, while the rest of the nation continues to emerge from hibernation, let’s look at what’s been happening and what... Continued