House Prices are Predicted to Soar thanks to the recent RBA rate cut.
Tag: Home Loan
Will the Reserve Bank Cut Interest Rates Today?
The RBA has released the Annual Snapshot of the Australian Economy.
Most Mortgage Loan Repayments Haven’t Resumed
Philip Lowe has hinted that the RBA will Cut Rates.
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Ending the Mortgage Holidays
What will happen when the Mortgage Holidays end?
People are losing their homes and getting into significant debt from small business lenders.
#Economy #Housing #FirstHomeBuyer #HeiseSays First Home Buyers are being pressured because “Time is Running Out”. Once again I am very cynical. References First-home buyers in Sydney and Melbourne able to act quicker than ever, but time is running out https://www.news.com.au/finance/firsthome-buyers-in-sydney-and-melbourne-able-to-act-quicker-than-ever-but-time-is-running-out/news-story/c94988f60725546ca64f7a919ec211ef
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Can the RBA Save the Economy?
RBA #AusPOL #CashRate Can the RBA save the Australian Economy? Does anyone still think they actually can? References ‘Four bullets left’ to save Economy https://www.news.com.au/finance/economy/australian-economy/four-bullets-left-to-save-economy/news-story/f79bd146f7e50b5b7f2c7d3faa84317c China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen https://www.reuters.com/article/us-china-economy-gdp/china-second-quarter-gdp-growth-slows-to-27-year-low-as-trade-war-bites-more-stimulus-seen-idUSKCN1U90P5
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Consumer Confidence Drops
#Australia #AusPOL #Recession Consumer and Business confidence has dropped in Australia. Looks like back to back interest rate cuts didn’t fill people with confidence for some reason? Reference Consumers most pessimistic in two years, despite tax and interest rate cuts https://www.abc.net.au/news/2019-07-10/consumer-confidence-july-2019/11294948