News

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?

As cash flow positive property seems to be on the mind of every would-be investor in the current market, we show you how to track down the deals!

Property investors and high net worth individuals are benefitting most from the mortgage price war being waged by lenders at present.

AUD/USD – Short term trend UP, Long term trend DOWN

The AUD/USD has continued to rally over the week, reaching a high of 1.0030. The AUD has gained against most major currencies as market focus returns to the strength of the Australian economy and the RBA leaving interest rates on hold. Stock markets, commodities and Gold also rallied as optimism returns that the current debt crisis gripping Europe can be addressed and measures implemented to stop the contagion.

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.