Interest Rates At Historical Low

In a move sure to impress those in the market for a home loan, the Reserve Bank of Australia (RBA) has reduced the official cash rate to a record low of 2.0% earlier this week. This came as a surprise to many economists who had speculated the rate would hold steady to allow more time […]

Interest Rates cut to record low of 2.25%.

The decision has been eagerly anticipated for quite some time and as of yesterday the RBA has announced the change of official cash rate for the first time in 18 months.  The cash rate has been dropped 25 basis points to record low of 2.25 per cent, which is expected to have a positive impact on […]