Another great month. Historically, cash rates have generally been around 5% and interest rates are usually around 2% higher. So we are now near the bottom of the cycle. The major banks are now meeting the non-banks with fixed rates…

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.5% effective 7 August 2013. To see the full commentary follow this link http://www.rba.gov.au/media-releases/2014/mr-14-03.html Now is a good time to review your home…

Houses: 1 Westmead $695,000 (+31%) 2 Darlinghurst $1,197,000 (+27%) 3 Blackwall $420,000 (+22%) 4 Manly $1,631,000 (+21%) 5 Abbotsford $1,121,000 (+21%) * Median price movements based on the past 12 months.

Australian Property Monitors has released their Housing Market Report June 2013. Here is an excerpt about Sydney. “The Sydney housing market continued to strengthen through May with auction clearance rates rising to near-record levels. The auction clearance rate for units…

At it’s Board meeting today the RBA decided to leave the cash rate unchanged at 2.75%. If you would like to read the full commentary see the attached link. http://www.rba.gov.au/media-releases/2013/mr-13-12.html As always if we can help you save money on…

Have you heard that the ABA has changed it’s unclaimed money legislation so that if no deposits or withdrawals are made for 3 years (previously 7) in bank, super, insurance accounts the money is handed to ASIC. Also lost super…

Here is a summary of some of the lenders rates which does not include fees. In many cases fees over the life of the loan can equate to a higher interest rate. This is a guide only and is based…

NAB has cut its variable interest rate by 21 basis points to 6.78%. CBA have also cut their rate by 21 points to 6.8%. Both effective 18 June.

We’re pleased to announce Johanna Brown as the ‘Fun Fund’ competition winner! Congratulations Johanna and enjoy your fun fund!