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RBA cash rate announcement
- April 1, 2014
- Posted by: admin
- Category: Budget, Enconomy, Finance News, House prices, Inflation, Interest rate, Wealth
No CommentsThe Reserve Bank of Australia has announced the outcome of its monthly board meeting. The central bank left the official cash rate on hold at 2.5 per cent as most experts had predicted. However, it may not be long before interest rates start to rise. Five economists from Commonwealth Bank, Commsec, HSBC, ING Direct and
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Self Managed Super: a growing trend
- March 1, 2013
- Posted by: admin
- Category: Finance News, Financial goals, Home loan product
[custom_frame_left shadow=”on”][/custom_frame_left] Lenders continue to launch new loan products to cater for the soaring popularity of self-managed super funds (SMSFs). With many of the features of regular home loans, these products entitle trustees to borrow within their SMSF to buy residential investment property or refinance an existing SMSF loan. The loans are repaid from rental
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Property still a sound investment
- September 24, 2012
- Posted by: admin
- Category: Enconomy, Financial goals, House prices, Wealth
While property price growth has been fairly sluggish of late, the Australian property market remains a good option for investors, new data has revealed. Australia’s residential housing market was worth an estimated $4.83 trillion at the end of June 2012; more than three-and-a-half times the value of the Australian equities market. In addition, over the