Tag Archives: Economy

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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October brought 2.6% housing finance increase and overall surge

Investor loan commitments saw a 0.6% increase, the first since February First-home buyers rose to 18.1% of all loan approvals Loans for newly-built dwellings behind much of the surge While the real estate sector has weathered a difficult 2018, a look back can often show a silver lining – as is the case here. The arrival of spring often heralds

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These 10 Graphs Will Explain What The Market Is Doing In Australia

Australia’s chaotic real estate market has caused plenty of headaches for agents and home owners, but seen as a headline-grabbing opportunity for pundits to make apocalyptic predictions of house price crashes. But thanks to the ABS, CoreLogic, Trading Economics & the RBA, we’ve collated the 5 charts, graphs and tables you need to get your head around what’s going on

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RBA Holds Interest Rates At 1.5%

Summary: Interest rates “HOLD” decision, keeps rates at 1.5% RBA Goveneor Phillip Lowe statement: Mirrors his comments in December regarding outlook for property Multi-speed property economy with hot and cold spots The RBA board has met for the first time in 2017, and announced it’s decision to hold rates at 1.5% as widely expected. Governor Phillip Lowe made similar statements

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RBA Board to Meet Tomorrow – No Change Expected to Interest Rates

Summary: RBA Board to make announcement 2pm South Australian time tomorrow RBA Unlikely to raise rates, as European Central Bank & US Federal Bank both made hold decisions RBA likely to take into consideration positive balance of trade, inflation, unemployment, wage growth, housing supply and the general global economy. The RBA will meet to make it’s first interest rate decision for

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Opinion: 2017 Will be Better than 2016 for Real Estate

2017 will see a significant lift in buyer activity, as investors have returned to the market as investor loan approvals are set out number owner-occupier loans later this year, writes Ben Clarence. A third-year Finance and Economics student, his short summary (available here) of the RBA’s recent Macroeconomic data release highlighted a number of indicators that show the underlying broader economic

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RBA and the Interest Rate

RBA and the Interest Rate The Reserve Bank of Australia decided to hold the current interest rate at 2% last Tuesday. What were the influences on the RBA’s decision? Multiple aspects determined the RBA’s action, which were detailed in their press release and summarised as follows: The World Economy: The RBA referenced indicators that showed the world economy is continuing

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