Category Archives: Money & Economy

RBA Rates Decision – HOLD AT 1.5%

Sponsored Post – Aussie Prospect Editor’s Note: LIVE ARTICLE Further commentary will be added as notes from the RBA board meeting become available. Commentary by Bechara Boutros The RBA Board has announced their decision to hold rates at 1.5%, signalling a vote of confidence in the economy, and is widely seen as a small win for the Liberal government leading

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RBA Cash Rate Decrease Now “47% Likely” – Financial Markets

With Australia’s housing crash officially dubbed “the worst since the GFC”, financial markets have started pricing assets on the ASX with a 47% likelihood of an RBA cash rate decrease of 25 basis points (down to 1.25%). This would break the record for the lowest inter-bank cash rates on record, with the previous record being set at 1.5%, the current

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REIA President Adrian Kelly Goes Toe-To-Toe With Tax Lawyer on Negative Gearing

REIA President Adrian Kelly has appeared on ABC News Breakfast this morning debating negative gearing with Tax Lawyer & Professor Miranda Stewart (University of Melbourne). The interview comes amid REIA’s anti-Labor campaign protesting the proposed changes, and Bill Shorten’s attacks on agents. Stewart argued that the policy would not result in higher rents, and renters would become first home buyers

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BREAKING: Labor Pulls Negative Gearing Policy Info From Site

The ALP’s website has significantly cut-back the information available on their headline policy of negative gearing reform. The changes include removing nearly 90 paragraphs of information and fact sheets, including explainer charts and diagrams, down to just 10 paragraphs. Despite the lack of information, the site still lists the policy as being put into effect as of the 1st of

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BREAKING: Bill Shorten Hits Out At Agents

Quote-Only Article Bill Shorten has hit out at the REIA’s campaign to fight Labor this election, saying: “Well, the real estate agents, it’s obviously in their financial interest to keep taxpayer money flowing to their business model? You’ve gotta ask yourself, why are they campaigning? They’re campaigning because they like to have people bidding for houses who are getting a taxpayer

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