While there are plenty of economic experts who think interest rates will be cut again this year after the RBA left them steady this month, the Organisation for Economic Cooperation and Development says Australia should stop cutting rates now.
The Reserve Bank has left interest rates on hold for the month at 2 per cent, but experts say people shouldn’t expect supercharged house price growth if they are cut again this year.
The Reserve Bank has resisted the temptation to cut interest rates on Melbourne Cup day but has left the door open for more cuts in the future.
Conservative lending criteria and strict application guidelines aren’t turning off savvy property investors, who are increasingly looking for new ways to get their next property deal off the ground.
Everyone with a home loan is a winner on Melbourne Cup day today, as the Reserve Bank has lowered the official interest rates by 0.25%, but how will the lower rate affect your finances?
Reaction to the RBA’s decision to keep interest rates on hold has come in thick and fast, with commentators labelling it as a missed opportunity to boost the property market.
The RBA has cut the cash rate – but is it low enough? Leading economist Shane Oliver and ING Direct’s Glenn Baker provide the inside scoop on what 2013 holds for lending rates
The Westpac Melbourne Institute index of Consumer Sentiment shows consumer sentiment is failing to lift despite positive factors.
Low interest rates and a flat housing market may mean it’s a good time to use the equity in your home to invest in a second property.
A new metropolitan planning strategy is set to make Sunshine a key in the development of Melbourne’s western suburbs.
