RBA Keeps Current Official Interest Rate

The Reserve Bank of Australia today left the current official cash interest rate unchanged at its historic low level of 0.75 percent. The rate has been kept on hold since its last point cut in October. The decision was also expected by analysts or traders although...

RBA holds rates at 0.75% in December

The Reserve Bank has held interest rates at the record low level of 0.75% this month. Thanks to the expected increase in consumer spending over Christmas and the New Year, the RBA decided to make no change to interest rates in December. Reserve Bank Governor Philip...
Is Now A Good Time To Buy A Property?

Is Now A Good Time To Buy A Property?

Many Australians believe that now is a good time to purchase a property. This is what a new research has found. The study showed that more than half or 52 percent of Australians believe that property prices in their area will go up in the next 12 months and because of...