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House versus Apartment
- December 21, 2011
- Posted by: admin
- Category: Budget, Enconomy, Financial goals, House prices, Wealth
No CommentsDoes a house make a better investment than an apartment? It’s a common question but like the ‘old versus new’ debate, the answer depends on who you speak to! Houses are often perceived as slightly ahead on price growth than apartments; however, a recent RP Data Property Pulse report states that apartment values are increasing.
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First major moves on rates
- December 8, 2011
- Posted by: admin
- Category: Bank Profits, Budget, Enconomy, Finance News, Financial goals, Home loan product, Inflation, Interest rate, Wealth
Two days after the RBA Board made its announcement the first full 25 basis point rate cut has been delivered by one of the big four banks. ANZ has made the decisive move, handing borrowers the full quarter percent. After a tense stand-off between the biggest banks ANZ has sent a strong message to the
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Take Some Risk Off The Table
- November 18, 2011
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
The opportunity to take some risk ‘off the table’ and lock in remarkably low fixed rates is there again. Fixed rates could go even lower but to sustain current levels the market is likely to need to expect the cash rate to fall into the 2’s – a feat which could not be achieved, even
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Further Interest Rate Cuts?
- November 15, 2011
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
My concern is the European sovereign debt crisis and its potential knockon effects on the global economy and locally (via its potential deleterious impact on the Asian economies and on diminished local business and household confidence etc). I don’t think another 0.25% cut in the coming months, probably by February 2012 would be too radical a move.
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More Interest Rate Cuts
- November 7, 2011
- Posted by: admin
- Category: Australian Dollar, Budget, Enconomy, Finance News, Financial goals, Home loan product, House prices, Inflation, Interest rate, Wealth
I believe that we can expect a further 50 to 75bps of rate cuts I have found the RBA comments quite encouraging. In recognising that the non-mining sector of the economy will remain below trend and forecasting that inflation will be contained there appears to be ample scope for further rate cuts should that non-mining sector continue
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Fixed Rate Price War Continues
- October 5, 2011
- Posted by: admin
- Category: Bank Profits, Budget, Financial goals, Home loan product, Interest rate, Wealth
Over the last two months, almost all of Australia’s lenders have slashed the interest on their fixed rate products, with CBA, ANZ, Westpac and NAB carving up to 20 basis points off their respective fixed rates. Variable rates have also seen heavy discounting. Good news for consumers.
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RBA Leaves Official Cash Rate Unchanged
- September 6, 2011
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
Conditions in global financial markets have been very unsettled over recent weeks, as participants have confronted uncertainty about both the resolution of sovereign debt problems and the prospects for economic growth in Europe and the United States. As a result, the outlook for the global economy is less clear than it was earlier in the
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5 Steps to make 2011 Prosperous
- January 18, 2011
- Posted by: admin
- Category: Budget, Financial goals, Wealth
These simple steps could help you make 2011 very prosperous. Step one is to get control of your cash. The best way to do this is with a budget. This will show how much you earn, and how much you can afford to spend. For more information or assistance with this contact us a Formula