Housing affordability and the July 2017 rates decision

By | July 4th, 2017|Loop Financial|

With the new housing affordability measures now in place as of 1st July, how will this affect housing demand and property prices? Some have even predicted a change in the cash rate. However, the Reserve Bank of Australia (RBA) met today for its July RBA rates decision and decided to keep the official cash rate on hold [...]

The temperature isn’t the only thing cooling down! June 2017 rates decision.

By | June 6th, 2017|Loop Financial|

After a month where we have seen property prices cooling down in Melbourne and Sydney there was talk of a possible rate cut. However, the Reserve Bank of Australia (RBA) met today for its June RBA rates decision and decided to keep the official cash rate on hold at 1.50 per cent. In their official statement, the [...]

Phew….that is the sweet sound of relief! May 2017 rates decision.

By | May 2nd, 2017|Loop Financial|

With the Autumn property market in full swing, the Reserve Bank of Australia (RBA) met today for its May RBA rates decision shindig and decided to keep the official cash rate on hold at 1.50 per cent. We have no doubt that this will (if not already) generate a collective sigh of relief from mortgage holders [...]

The final RBA decision of the year! December 2016 rates decision.

By | December 6th, 2016|Loop Financial|

With the final RBA rates decision today until February 2017 (that is one long summer vacay!),  the Board have decided to leave the cash rate unchanged at 1.50 per cent, hmmm...that sounds familiar, anybody else have that Déjà vu feeling? The global economy is continuing to grow, at a lower than average pace. Labour market [...]

Scott Morrison says he’s prioritising housing affordability, but should we believe him?

By | November 4th, 2016|Market Information, Politics|

Scott Morrison has just made a commitment to something that could make or break the Coalition's campaign for the next election. The Treasurer has acknowledged the need for housing to become more affordable – and soon – but his solution steers clear of the controversial changes to negative gearing and capital gains tax that Labor [...]

Are Australia’s low interest rates just a Jenga tower about to topple?

By | June 9th, 2016|Banks & Finance|

It may seem like our economy is doing well at the moment with interest rates at a record low, but it could just be like a giant game of Jenga that's being built higher and higher and getting increasingly precarious – an eventual collapse is inevitable. When global banks keep cutting interest rates to pull [...]