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February 2, 2016

The RBA’s interest rate statement for February 2016

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Statement by RBA’s Glenn Stevens: Recent information suggests the global economy is continuing to grow, though at a slightly […]
December 1, 2015

The RBA’s interest rate statement for December 2015

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Statement by RBA’s Glenn Stevens: The global economy is expanding at a moderate pace, with some softening in conditions […]
November 10, 2015

Interest only vs principal & interest loans – which is better?

Should you convert interest only loans to principal & interest? For as long as I can remember ‘interest only’ loans have been priced the same as ‘principal & interest’ [P&I] loans, however that all changed not too long ago, when lenders began […]
November 3, 2015

The RBA’s interest rate statement for November 2015

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Statement by RBA’s Glenn Stevens: The global economy is expanding at a moderate pace, with some further softening in […]
October 27, 2015

Banks continue interest rate rises…

Big four banks raise variable rates All the major banks have now announced increases to their home loans rates in response to the regulatory changes requiring them to hold more capital. [That’s the reason they’re giving us […]
October 22, 2015

Another major bank just hiked their variable rates…

The fallout from APRA’s new lending requirements continues… Following on from the Westpac .20% rate rise, CBA just announced an increase in its variable home loan rates by .15%, citing the rise will partially offset costs associated […]
October 15, 2015

Interest rates to rise even if the RBA cuts the cash rate!

The fallout from APRA’s new lending requirements continues… We recently wrote about the effects on lending due to APRA’s tough stance on high LVR loans, extensive investor lending and lenient loan servicing. As you’ve no doubt read, […]
October 6, 2015

The RBA’s interest rate statement for October 2015

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Statement by RBA’s Glenn Stevens: The global economy is expanding at a moderate pace, with some further softening in […]
September 1, 2015

The RBA’s interest rate statement for September 2015

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Statement by RBA’s Glenn Stevens: The global economy is expanding at a moderate pace, with some further softening in […]
August 26, 2015

How the APRA changes impact properrty investors

What do the APRA announcements mean for your property portfolio? In December 2014, APRA, the prudential regulator of the Australian financial services industry, announced an increase in the level of supervisory focus on residential mortgage lending.1 This announcement was directed at Authorised […]