News

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.

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.

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.

The RBA has cut official interest rates by 25 basis points to a new record low of 2 per cent.

There’s lots of advice that always gets thrown around in the property market. While it’s always good to keep an open mind and take on all the information you can, there are some common pieces of advice that you might want to be wary of.