By Emilie Lauer At its sixth meeting of the year, the central bank announced its latest cash rate decision amid ongoing global tensions, higher cost of living and a slower property market. It was without any surprise that the Reserve Bank of Australia (RBA) increased the cash rate by 0.25 per cent to 4.60 per cent during its sixth meeting of the year. The move has taken the cash rate to a 15-year...
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By Emilie Lauer At its fourth meeting of the year, the central bank announced the latest cash rate amid economic headwinds. For the first time this year, the Reserve Bank of Australia (RBA) kept the cash rate at 4.35 per cent, providing borrowers with more than needed relief amid rampant mortgage stress and high cost of living. The RBA’s decision to keep the cash rate unchanged was expected,...
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Wollombi Valley Lifestyle property
By Emilie Lauer NSW agents will be required to publish a price guide on all property listings, with six-figure fines introduced for breaches of underquoting laws. This week, the Minns Labor government will introduce legislation to crack down on underquoting with fines of $110,000 or more for breaches.According to the state government, the proposed reforms aim to protect home buyers from being...
By Mathew Williams According to Cotality’s latest Home Value Index, property values grew by just 0.7 per cent nationally in December, recording the lowest level in the last five months. The index found that, with values in Sydney and Melbourne falling by 0.1 per cent, the two capitals recorded the first month-on-month decline since January last year, before the first of 2025’s three rate...
The central bank has announced the latest cash rate target today, on Melbourne Cup Day, concluding its seventh monetary policy meeting of the year.At its seventh monetary policy meeting of the year, the Reserve Bank of Australia (RBA) has held its horses and kept the cash rate steady at 3.60 per cent, leaving little relief to borrowers as the property market continues to climb. READ...
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