With everyone's Christmas Wish List topped with 'no December interest rate rise', the Board's decision today to leave the cash rate target unchanged at 4.35 per cent is a relief to many. Last month saw the first rate rise in four months, with interest rates increased by 25 basis points as inflation was not declining at the expected rate. With the impact of that rate rise beginning to …
A Melbourne Cup Day Interest Rate Rise
Although annual inflation is dropping, at the November board meeting the RBA has elected to raise the cash rate. It's a double blow to Melbourne Cup Day punters whose horses didn't rise to the occasion with the Reserve Bank raising the cash rate by another 25 basis points to 4.35 per cent. Despite consecutive holds in recent months, the first interest rate rise since June doesn't come as a …
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RBA Leaves Interest Rates On Hold
Mortgage holders breathed a sigh of relief today as the RBA announced its decision to leave interest rates on hold for what is only the second consecutive month since May 2022. Providing welcome respite from the past year's relentless interest rate rises, the Reserve Bank Governor Philip Lowe said the decision gives the Board time to assess the state of the economy as inflation begins to …
What Buyers are looking for when purchasing a home
When purchasing a home, buyers tend to have a list of criteria that they are looking for. For each home buyer, it differs. Whilst some look for flat homes and a big backyard, others might opt for an apartment in the city center. A recent article from Realestate.com.au, shows that the pandemic has changed a lot of home buyers priorities, and things that were once considered a luxury, are now …
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Six ways a Buyers Advocate can help you purchase a home
The key difference between a buyer's advocate and a real estate agent is who they represent. A real estate agent is acting on behalf of the seller, also known as the vendor. A buyer's advocate is acting purely on behalf of the buyer, working exclusively for them to achieve the very best outcome for their client. Here are 6 ways a buyer's advocate can work with you to find the right …
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The importance of getting a property inspected before buying
When it comes to buying a home, it is essential to recognise that you are responsible for much of what takes place. Once the transfer of ownership is complete, you are often liable for any pre-existing defects, including illegal alterations to the property. As Consumer Affairs Victoria (CAV) outlines on its Contracts and Disclosure Statements webpage, sellers must provide prospective buyers …
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Staging can help sell your home
There are many things to consider when selling your home. The best possible price is one such thing! Staging your home, also known as property styling, can help achieve this. Staging your home involves making a good first impression. It can transform your home and highlight its best features to the potential buyer. Staging tasks can involve things like modern styling, de-cluttering, …
Selling your home? Have you considered staging?
There are many things to consider when selling your home. The best possible price is one such thing! Staging your home, also known as property styling, can help achieve this. Staging your home involves making a good first impression. Staging can transform your home and can highlight its best features to the potential buyer. Staging tasks can involve things like de-cluttering, …
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