Group items tagged

Today the RBA announced it would not move interest rates this year month as a result of what appears to be a slower than thought recovery. I can vouch for a local economy in Noosa and surrounds that is certainly doing it tough. The news comes as a welcome relief to my clients who are on variable loans. This is the 6th month in a row that the RBA hasn't moved rates, whilst it is a reprieve for the moment they do seem hell bent on raising rates at least once more this year however, by the looks.

The Federal Budget was considered lack-lustre by many commentators when it was delivered in early May but there are a few surprises in it that will be sure to have an effect on your home loan and your spending future.