Category Archives: Interest Rates Australia

A Christmas Gift From the Reserve Bank of Australia

The Reserve Bank of Australia today decided to cut the official cash rate to 3.0 per cent – a decision that is expected to encourage prospective buyers to make property purchases in the lead up to Christmas and during the … Continue reading

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Signs of Market Recovery As Home Loan Approvals Lift For Second Consecutive Month

Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the increase in dwelling finance commitments over September 2012 could indicate further strengthening in the residential property market.   According to recently released figures by … Continue reading

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RATE HOLD TO HELP PROVIDE STABILITY IN HOUSING MARKET

Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the decision by the Reserve Bank of Australia (RBA) to keep the official cash rate on hold will provide some stability for the property market … Continue reading

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RBA holds interest rate on Melbourne Cup Day

This is the first time in 6 years that the RBA has not moved interest rates in Australia on Melbourne Cup Day. The Reserve Bank of Australia today decided to hold the official cash rate at 3.25 per cent– a … Continue reading

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Rates On Hold As Spring Property Season Begins – Australia

Century 21, the largest real estate company in the Asia Pacific region, believes that the Reserve Bank of Australia’s decision to keep interest rates on hold this month will encourage prospective buyers to think seriously about making a property purchase … Continue reading

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Australians pay off mortgages at record speed

The acting CEO of Westpac, Australia’s biggest bank, has claimed that today’s homeowners are paying off their mortgages at twice the average rate for the past 30 years.             Speaking in Canberra at last week’s … Continue reading

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Capital City Values Rise Again

Dwelling values across capital cities recorded a second month of capital gains in July with dwelling values up by 0.6 per cent over the month following a 1.0 per cent rise in June. The RP Data-Rismark Hedonic Home Value Index … Continue reading

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RBA: the purported Housing Bubble, Australia’s economy and China

The Governor of the Reserve Bank of Australia, Glenn Stevens, recently delivered a speech at a charity luncheon in Sydney that provided some telling commentary for Australian property investors. A highly respected figure that is watched closely by markets due … Continue reading

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Rate Hold Will Strengthen Stability Within Housing Market

Century 21 Port Douglas Real Estate, believes that the Reserve Bank of Australia’s decision to keep the official interest rate on hold at 3.5 per cent for a second consecutive month will help to continue to stabilise Australia’s residential property … Continue reading

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RBA Keeps Interest Rates on Hold

RESERVE BANK OF AUSTRALIA KEEPS THE OFFICIAL CASH RATE ON HOLD The Reserve Bank of Australia today decided to hold the official cash rate at 3.5 per cent for a second consecutive month – a decision that is expected to … Continue reading

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