Balancing Act: RBA's Interest Rate Stance Amid Declining Inflation

On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September​​.

Balancing Act: RBA's Interest Rate Stance Amid Declining Inflation

Balancing Act: RBA's Interest Rate Stance Amid Declining Inflation

On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September​​.

How will the proposed Residential Tenancies Amendment Bill affect residential property investors?

How will the proposed Residential Tenancies Amendment Bill affect residential property investors?

Although the title would suggest the amendment relates to changes surrounding the recent floodings in Northern NSW, the amendment instead focuses on changes to the core sections of the Residential Tenancies Act. These changes will directly affect how tenants and landlords can occupy, price, and vacate a property.

Australia's interest rate remains on hold at the historic low level of 0.1 per cent

Australia's interest rate remains on hold at the historic low level of 0.1 per cent

The Delta outbreak has interrupted the recovery of the Australian economy and GDP is expected to have declined materially in the September quarter. The outbreak is affecting many parts of the economy, but the impact is uneven, with some areas facing very difficult conditions while others are continuing to grow strongly.

Buying & Selling Off Market Properties

Buying & Selling Off Market Properties

The current climate has changed the way we do real estate and it's not all about sanitiser and social distancing.  Recent reports indicate a rise in the number of property owners choosing to sell their property "off-market'. And with hungry buyers on the rise and low stock levels, off market sales can present many benefits to both buyers and sellers.

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