Is it the right time to buy a house?

Tuesday, May 12th, 2009

With the official interest rate held this month, some home owners may complain at the lack of change. Never-the-less, lets remember that interest rates are still at a 49 year low of 3.00%. First time buyers have been making the most of the governments stimulous package boost of the first home ...

Modest reduction in interest rate

Tuesday, April 7th, 2009

The Reserve Bank of Australia met today to discuss the state of the global economic crisis, and how Australia is faring in comparison to other countries, including its trading partners. They have determined that another modest drop in the official cash rate is necessary to continue to stabilise the downturn. In ...