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Interest rate announcement - December 2019This month the RBA have left the cash rate on hold at 0.75% and continue to monitor the economy closely. The inflation rate is currently 1.7% which is below the RBA’s ideal range of between 2% and 3%. The National Housing Finance and Investment Corporation (NHFIC) has
In the 12 months to the end of October, Australian Equities have returned 19.3% (as measured by the ASX 200 Total Return index) and International Equities have returned 15.8% (as measured by the MSCI World ex Australia Index). These exceptional returns, which include the market downturn that occurred this time last year, have brought welcome
Interest rate announcement - November 2019Last month, the Reserve Bank of Australia (RBA) reduced the official cash rate by 0.25% to a record low of 0.75% in an effort to help support employment growth and increase inflation. This month the RBA have left the cash rate on hold at 0.75% and continue to monitor
Interest rate announcement - October 2019After leaving it on hold last month, the RBA have this month reduced the official cash rate by 0.25% to a new low rate 0.75%. We believe that while some lenders may pass the rate on in full, it is likely that many will only pass on a portion
Interest rate announcement - September 2019In July, the Reserve Bank of Australia (RBA) reduced the official cash rate by 0.25% to a record low of 1.0% in an effort to help support employment growth and increase inflation. This month the RBA have left the cash rate on hold at 1,00% and continue to monitor
Interest rate announcement - August 2019Last month, the Reserve Bank of Australia (RBA) reduced the official cash rate by 0.25% to a record low of 1.0% in an effort to help support employment growth and increase inflation. This month the RBA have left the cash rate on hold at 1,00% and continue to monitor
Welcome to the first Annual Harvest Property Loans – The Great Australian Property Dream Newsletter. At Harvest, we truly believe Property Ownership can lead to a better life. If you are as passionate about property as we are, continue reading. The last 19 months have seen national property values decline but the new financial year
Australian Economic & Market Commentary Consistent with market expectations, the RBA decided to cut the official cash rate by 0.25% to a new record low of 1.25%. CBA and NAB were the only two of the four major banks to pass on the full 0.25% reduction while ANZ and Westpac elected to pass on only
