In an emergency meeting held on 19 March, the RBA has dropped the official cash rate to its lowest level in Australian history. The announcement to reduce the rate is consistent with other central banks around the globe, who are all hoping that widespread economic...
The RBA’s interest rate cuts don’t seem to be working – What next?
The Melbourne Cup has been run and won for another year. Congratulations to everyone who backed the winner, Australian owned and trained Vow and Declare! The other big event yesterday was the RBA's November board meeting and their decision to hold official interest...
The RBA’s interest rate cuts don’t seem to be working – What next?
Part 2: The How’s, What’s and Why's? So, the RBA is concerned that the economy is on tenterhooks and could go one way or the other. Contrary to some commentators, the RBA generally won’t like to see a downturn or a recession – the same way that it doesn’t like to see...
The RBA’s interest rate cuts don’t seem to be working – What next?
Part 1: The Background There is a lot of talk around Interest Rates in the media, on TV and everywhere at the moment. We have recently seen the Government announce that the consumer protection regulator, the Australian Competition and Consumer Commission (“ACCC”),...
Quarterly Finance Newsletter & Update – September 2019 quarter
Welcome to the spring edition! With the arrival of the warmer months traditionally comes an increase in property market activity. For those considering buying this season, in this edition we take a look at changes to credit reports, as well as revisiting the current...
Easy to Apply Loans for Small Business
Easy to Apply loans for small business PLUS take advantage of the $30k Instant Asset Write-off before 30 June! Fast. Easy. Efficient. Loans for Small Business. Who said getting a small business loan has to be difficult? You’ve probably heard in the media recently that...