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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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  • July Update

    • 31/07/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Financial Planning, Purchasing Property
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    July 2018 Update   Summary points   RBA kept rates on hold at 1.5% at its meeting this month. GDP Growth has averaged 2.5% over the last 5 years, which is slightly below estimates. Forecasts for GDP growth remain slightly above 3%. dwelling investment has gone from making a positive contribution to growth two years

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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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