Categories
Economy Recession

The RBA Cut Rates to 0.75%

#RBA #CashRate #Australia #HeiseSays The Reserve Bank of Australia has cut the cash rate to a record low of 0.75%. Will the confidence hit to the market outweigh any benefit? References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-27.html

Categories
Economy Property Real Estate

Perth’s Housing Market

#Perth #Housing #HeiseSays Perth’s housing market has stagnated with significant oversupply and the government is pining hope in mining investment to stimulate migration. Worrying considering current mining investment is in automation and demand for resources is dependant on China. References Perth’s housing market is still lagging behind — and it will take more than a […]