Tag: Australian Expats
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RBA Cash Rate Decision November 2020
RBA November board has met on Melbourne Cup day. Tuesday the 3rd of November 2020 for their cash rate decision. The RBA board decided to reduce the cash rate to a historical low of 0.10 points. The board also has set a 3-year cash rate and yield target of 10 basis points. Representing a record…
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A suburb in the spotlight: Surry Hills, Sydney
Surry Hills, NSW, 2010 is located 2.1 km or a 20 minute walk to the Sydney, CBD. Located in the inner Eastern Suburbs, Surry Hills is approximately 1.3 square kilometres in size and covers 11 parks. Surry Hills property is noted for its green space and location to CBD and eastern Sydney beaches. The area…
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Australian Housing Values Continue To Drift Lower, Falling 0.6% In July
Australian housing values racked up a third consecutive month of declines in July, with CoreLogic’s home value index dropping 0.6% over the month, a slight improvement from June when the national series was down 0.7%. Across the capital cities, only Canberra (+0.6%) and Adelaide (+0.1%) posted a rise in dwelling values over the month, while…
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RBA Cash Rate August 2020
RBA board has met on Tuesday the 4th of August 2020 for their cash rate decision. The RBA board decided to leave the cash rate at 25pts. The board also has set a 3-year cash rate and yield target of 25 basis points. Representing a record low RBA cash rate. Australian Economy The global economy…
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RBA Cash Rate Decision February 2020
RBA Cash Rate Decision February 2020 RBA board has met on Tuesday the 4th of February 2020 for their cash rate decision and decided to keep the official cash rate on hold at a record low of 0.75%. This represents a record low cash rate for the RBA. Australian Economy The Australian economy has appeared…
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10 things Australian expats need to know about mortgages in Australia
We recently sat down with the James and the team at Atlas Wealth Management to discuss Australian expat mortgages. Atlas Wealth Management specialises in financial planning for Australian expats. During the webinar, we discussed 10 things to consider around Australian mortgages as an Australian expat, you can also read up on them in greater detail. The mortgage process for Australian…
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Purchasing a property in Queensland, Australia. Webinar
Register for the upcoming webinar on how to purchase your first property in Queensland, Australia. The webinar will go through the tips and traps that you need to consider when purchasing a property. Use the below button to register now for the webinar Thursday the 10th October 11 am (AEST) Register now
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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 7% floor applied when seeking a new residential mortgage and instead revise by applying…
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RBA Cash Rate Decision August 2019
RBA Cash Rate Decision August 2019 RBA board has met on Tuesday the 6th of August 2019 for their cash rate decision and decided to keep the rate unchanged at 1%. This represents a record low cash rate for the RBA. Growth in Housing Market Conditions in the Sydney and Melbourne housing markets have continued to remain soft but…
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Getting an Australian Mortgage whilst living in the UK
This article will explore how you can obtain an Australian mortgage whilst you are living in the UK. Perhaps you are an Australian expat, married to a foreign national or a non-resident looking to invest in Australian property. This article will discuss the implications of GBP foreign income you generate and the impact on your…