The federal election result appears to have given a boost of confidence to the housing market and to assist matters regulators are moving to ease up on their restrictive lending policies.
News
RBA set to cut rates in the wake of federal election result
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22 May 2019
In the wake of the surprise federal election result the Reserve Bank has indicated a rate cut is likely next month and wants the Morrison Government to join in stimulating the national economy.
Rate cut looking more likely after unemployment rate jumps again
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17 May 2019
The Australian unemployment rate has crept up for the second month in a row and it’s pushing the Reserve Bank closer to an official interest rate cut.
Labor backs Coalition First Home Loan Deposit Scheme
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15 May 2019
The Coalition has a plan to help first-home buyers who are struggling to save a deposit by guaranteeing a large portion of their deposit and saving them from having to pay lenders’ mortgage insurance.
RBA holds its nerve and keeps rates unchanged ahead of federal election
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08 May 2019
This month’s eagerly awaited RBA meeting has ended with the official cash rate remaining unchanged for a record 34thconsecutive month.
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