Official cash rate remains unchanged at 1.5%
After a weekend of football excitement, all eyes were on the Reserve Bank of Australia board meeting today where it was decided to once again leave the official cash rate unchanged for the 14th consecutive month. With regulatory changes to investor lending appearing to have taken some heat out of the Sydney property market, in […]
The RBA has opted to leave the official cash rate on hold at 1.5%
With spring traditionally a busy time for the real estate market and for rate moves, all eyes were on today’s Reserve Bank of Australia board meeting, where once again it was decided to leave the official cash rate unchanged for the 13th consecutive month. The RBA avoided the temptation to follow other developed economies and […]
Guide to home loans
Variable Variable rate loans often provide additional flexibility and are the most popular type of home loan in Australia. As the name suggests the interest rate is variable and therefore fluctuates with the Reserve Bank of Australia’s movement and the cost of the financial institution sourcing funds to lend. Variable rates are generally broken into […]
Investing in property
Research and having the right people to help you are the keys when investing in property. It definitely pays to do your research on the property market before you dive in, and we’re thrilled to be on board to help you when it comes to financing your decision. Recent share market slides, tight rental markets […]
A plan to start investing later in life
By the time we save for our first home, upgrade to a bigger or better one, earn enough money to pay the mortgage and bills and live life in between, it’s not surprising many of us don’t contemplate investing in property until we are middle-aged or beyond. But like so many things in life, it’s not […]
Money for nothing
The best things in life are free, especially when money is up for grabs. From government benefits to special grants and shopping rewards, there is plenty of funding available if you know where to look. Here’s our guide to help you cash in. Additional rules and restrictions apply in all cases (and are subject to […]
Investment lending effected by property prices
The property booms in Sydney and Melbourne have begun to affect investment lending and have ripple effects for borrowers throughout Australia. Earlier this year, the Australian Prudential Regulation Authority (APRA) grew concerned about skyrocketing property prices. They asked the major banks to ensure their investment lending did not grow by more than 10 percent. When investment lending […]
Masterplan – Guide to sell off the plan
New home sales are back on the rise, fueled in part by many investors and owner-occupiers buying off the plan.The concept is straightforward: put up a deposit (usually 10 per cent) to help the developer fund construction and pay the balance when the build is complete. Apartments are now springing up at a rapid rate […]
Are your tenants secure?
From July 1 landlords in WA have been required to step up home security measures for tenants. If you own a rental property, are you doing enough to deter thieves? It’s worth checking with your relevant state authority for specific rules in your market. Here’s a brief round-up of what’s required where. Western Australia: The first state to spell out in detail minimum security requirements for rentals, […]
Bidder up!
A record 101,000 properties – or around one in five of those put on the market in Australia last year – went to auction 1. And while clearance rates vary between markets, there is no denying plenty of buyers are willing to go head-to-head with the hammer. Onsite or in a room, auctions can be both exhilarating […]
