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  • RBA Rate Cut

    • 04/06/2019
    • Posted by: Nick Lucey
    • Category: Advice, ASX 200, Banking, Economics, Finance & accounting, Financial Planning, Legislation, Mortgage Broking, Purchasing Property
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    Hi Everyone, I hope you are well on this day of great news! As you have probably seen or heard, today, the Reserve Bank of Australia cut the cash rate from 1.5% to 1.25%. This is the lowest it has ever been and the first change since August 2016. You can see the full statement

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  • Budget 2018: How the income tax cuts will affect you

    • 08/05/2018
    • Posted by: Hostify Support
    • Category: Economics, Federal Budget, Legislation
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    The government announced a seven-year Personal Income Tax Plan in it’s budget What’s changing? After weeks of speculation, treasurer Scott Morrison has confirmed a range of income tax cuts for Australian workers in tonight’s federal budget under a seven-year Personal Income Tax Plan. The plan will provide immediate tax offsets to working Australians, and will

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  • RBA Leaves Rates on Hold

    • 01/05/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Financial Planning, International, Legislation, money
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    I have summarised some key points from the RBA’s release and the whole statement can be found here. Key Points At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. In the United States,

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  • Cash Rate Unchanged – Economic Update

    • 04/04/2018
    • Posted by: Nick Lucey
    • Category: Economics, Federal Budget, International, Legislation
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    At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. the full statement can be found here, or you can read the below points. Summary points The global Economy has grown and unemployment figures have decreased. All Australian States have recorded increased levels of employment. The current unemployment rate in

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  • First Home Super Saver Scheme and Downsizer Contributions

    • 12/12/2017
    • Posted by: Nick Lucey
    • Category: Federal Budget, Legislation
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    First Home Super Saver Scheme and Downsizer Contributions In the 2017 Federal Budget, two of the key proposals were assistance for first home buyers saving for a deposit and concessions for elder Australian’s downsizing their homes. These two bits of legislation have been debated through out the year and a bill has finally passed on

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