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Australian banks change lending standards

Australian banks change lending standards

Australian banks have changed lending standards On the 5th July, APRA announced that it would be making an adjustment, following a consultation period to APG 223 (Prudential Practice Guide to Residental Mortgage Lending). This proposal was to scrap the current minimum...
RBA June 2019 Cash Rate Decision

RBA June 2019 Cash Rate Decision

RBA June 2019 Cash Rate Decision RBA board has met on Tuesday the 4th of June 2019 and decided to cut the cash rate by 25 points to 1.25%. This represents the first cash rate cut since 3rd August 2016 (nearly 3 years). The federal election has been won and done and...
RBA May 2019 Cash Rate Decision

RBA May 2019 Cash Rate Decision

RBA May 2019 Cash Rate Decision RBA board has met on Tuesday the 7th of May 2019 and decided to leave the cash rate unchanged at 1.50%. The cash rate has now been unchanged for nearly three years. With an election around the corner, the mood from the RBA has been a...

What is my Australian property worth in 2019?

2019 is set to be a big year for property in Australia. Many people are wondering where exactly housing prices will be at the end of the year and if now is the time to buy, sell, hold or all of the above. This article will certainly not speculate on that – but we will...