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As many had expected, the Reserve Bank of Australia raised the cash rate from 2.60% to 2.85% at today’s board meeting.

Recent inflation data revealed that inflation increased by a sizable 1.8% in the September quarter, after an identical 1.8% rise in the June quarter.

As a result, it’s likely the RBA will increase the cash rate again in December, in a bid to put downward pressure on inflation

Reserve Bank lifts interest rates half a percentage point, causing more pain for borrowers The Reserve Bank increases interest rates by 50 basis points, taking the cash rate target to 0.85 per cent — well ahead of most economists' expectations.

Reserve Bank set to raise cash rate again The Reserve Bank of Australia is widely expected to raise the cash rate for a second consecutive month, although there is debate how big that increase will be.

https://www.news.com.au/finance/economy/interest-rates/australian-banks-tighten-lending-standards-as-interest-rates-rise/news-story/c70bda096b7c701d15bfe145d6242944

Nightmare blow for Aussie homebuyers Homebuyers could find it even harder to get a loan as rising interest rates prompt Australia’s major banks to tighten their lending standards.

Glad we could help guys!!!!!!! Keep up the good work yLead

Looking to refinance, buy or build? Contact us on 0414442494 for a free consultation.

‘Global concerns’: Chinese property giant defaults - here’s what it means for Australia

Bargain suburb where homes are under $200k An outer Brisbane suburb has caught the eye of interstate investors seduced by paying less than $200,000 for a neat home they can easily let out.

‘Weird’ detail let sellers keep family’s $320k A Victorian family who lost their entire $320,000 home deposit are now warning other aspiring property owners to look out for the legal “loophole” that left them penniless.

as RBA signals possible interest rate rise sooner than expected.

https://www.afr.com/chanticleer/rba-signals-end-of-easy-money-20211102-p595co #:~:text=That%20leaves%20the%20RBA%20continuing,buy%20in%20November%20last%20year.

RBA signals end of easy money Interest rates will rise sooner than expected, but that isn’t reflected in equity markets that are yet to include the less bullish scenarios in the bond market.

http://www.cvent.com/d/cjqpcs?lang=en&sms=7&cn=5EdAxupn6kqMRj4h6e1ZaQ&refid=FBAANATCONF2021

2021 FBAA National Industry Conference The FBAA 2021 National Industry Conference, Awards of Supremacy & Gala Dinner is the Industries platinum event is one that you don't want to miss out on.

NAB sees bad loans soar Bank hits record high as COVID repayment moratorium ends

http://www.cvent.com/d/cjqpcs?lang=en&sms=7&cn=GUXlydukrkypVm5IMDps1w&refid=FBAANATCONF2021

2021 FBAA National Industry Conference The FBAA 2021 National Industry Conference, Awards of Supremacy & Gala Dinner is the Industries platinum event is one that you don't want to miss out on.

Build or buy your first home? First-time home owners: should you build new or buy established? Five tips to make the right decision about whether to build or buy your first home.

https://www.businessinsider.com.au/rba-interest-rate-decision-cut-qe-november-2020-11

The RBA has cut the interest rate to a historic low of 0.1%, and will pursue more aggressive quantitative easing On Melbourne Cup Day, the Reserve Bank (RBA) has burst out of the gates in tremendous fashion.

Great news!!!

https://www.abc.net.au/news/2020-10-02/government-extends-first-home-buyer-support/12728010

10,000 places added to Government's first home loan scheme The Federal Government will add an additional 10,000 places to a scheme designed to make it easier for first home buyers to purchase a house with a small deposit.

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2.09% Fixed OO P&I Price Request - FAST SLA - 2 Day p/up - $2.5K Re-Fi CASH BACK!!

https://ministers.treasury.gov.au/ministers/josh-frydenberg-2018/media-releases/simplifying-access-credit-consumers-and-small

Simplifying access to credit for consumers and small business | Treasury Ministers Note Joint media release with The Hon Michael Sukkar MP Minister for Housing and Assistant Treasurer As part of the Morrison Government’s economic recovery plan, we are reducing the cost and time it takes consumers and businesses to access credit. Credit is the lifeblood of the Australian economy,...

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https://www.theadviser.com.au/breaking-news/40610-nsw-abolishes-stamp-duty-for-homes-under-800k

NSW abolishes stamp duty for FHB homes under $800k The NSW state government has abolished stamp duty for new homes under $800,000, in a bid to support first home buyers and the construction industry.

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