Mortgage brokers could be penalised if they profit from breaking the rules around foreign property investment in changes outlined in last night’s Federal Budget.
News
Some economists say they wouldn't be surprised if rates don't go up for three years
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12 May 2015
Economists are pencilling in an extended period of steady interest rates after last week’s cut sent the official cash rate to a new record low.
RBA refuses to shut the door on more rate cut stimulus
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08 May 2015
The RBA has left the door open to further rate cuts today after many economists had put them down for a reasonable spell on the sidelines after this week’s rate cut.
RBA throws fuel on the Melbourne property market fire
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07 May 2015
Melbourne’s property market has just had some fuel thrown onto the fire, with sales expected to spike with interest rates cut to a new record low.
RBA could be set for stint on the sidelines after cutting rates again
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06 May 2015
The RBA has cut official interest rates by 25 basis points to a new record low of 2 per cent.
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