Archive for the Finance Category

FHBs told to buy now according to The Adviser

Thursday, 28 April 2011 The time is right for first home buyers looking to get on the property ladder, Aussie’s John Symond has claimed. According to the brokerage’s executive chairman, higher levels of savings, increasing r.. Read More

Finance, In the News | 04.28.11 | No Comments

Still a good time to buy: RateCity

According to The Adviser (15/4/2011), while home loan activity has slumped in the last few months, data from RateCity shows buyers are benefiting from the increased competition between lenders. The Australian Bureau of Statistics’ latest Housing.. Read More

Finance, In the News | 04.15.11 | No Comments

Rates on hold till Q4 reports The Adviser

The Reserve Bank will look to keep rates on hold until the last quarter of 2011, RFi director Alan Shields has claimed. Speaking at a conference in Sydney earlier this week, Mr Shields said the recent spate of natural disasters combined with reduc.. Read More

Finance, In the News | 04.1.11 | No Comments

Auction rates

Auction results in Queensland http://www.myrp.com.au/showNews.do?id=451 With a 23.5% clearance rate last week - is it really the way to go?.. Read More

Finance, In the News, Investment | 03.4.11 | No Comments

Rates on hold til mid 2011

Economists remain confident that the Reserve Bank of Australia will not lift the official cash rate for some months. According to AMP’s chief economist Shane Oliver, the nation’s economic data over the last couple weeks has been generally soft.. Read More

Finance | 01.10.11 | No Comments

Australian home values slump in November as higher interest rates hurt housing affordability

Ref: RPDATA 31 December 2010 Capital city (-0.2 per cent) and ‘rest of state’ (-0.1 per cent) home values both fell in seasonally-adjusted terms in November. In raw terms, the declines were larger (-0.6 per cent and -0.8 per cent, respectively.. Read More

Finance | 01.4.11 | No Comments

Rate reprieve in 2011

The official cash rate is likely to stay on hold for at a few months at least. According to AMP’s chief economist Shane Oliver, the Reserve Bank of Australia is very happy with its current monetary policy setting and would not be looking to chan.. Read More

Finance, In the News | 12.29.10 | No Comments

Rates on hold

The Reserve Bank of Australia has decided to leave the official cash rate on hold in December. The Board was widely expected to leave the cash rate on hold at 4.75 per cent after lifting it 25 basis points last month. RP Data’s research direc.. Read More

Finance, In the News | 12.7.10 | No Comments

Rates to stay on hold

The RBA is not expected to lift the official cash rate again until May 2011, according to NAB. National Australia Bank’s chief economist Alan Oster said recent economic data showed that the economy was not bouncing back as quickly as first thoug.. Read More

Finance, In the News | 12.5.10 | No Comments

Non-bank cuts rates

One non-bank lender has ramped up its competitive position in the industry by slashing the interest on all of its Complete Option full doc products. Late last week, Australian First Mortgage (AFM) announced it would cut 0.08 per cent from all of i.. Read More

Finance | 11.29.10 | No Comments

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