As I speculated last Monday, the June quarter CPI report gave the Governor enough ammunition to act. The Reserve Bank said a rate cut will create “room for even stronger growth” as the inflation rate is set to remain below its target range and risks in the housing market abate. Read more.. The Reserve Bank … Read More
Rate Cut or Not ?
Hi Everyone Commentators are divided as to the likelihood of the Reserve Bank of Australia announcing another interest rate cut in August, especially in light of the June Quarter CPI report that has just been released. I believe the RBA has sufficient data to warrant a cut to 1.50 % but can also see a … Read More
The Negative Gearing Debate and the pre-Budget News
Hi Everyone, We have come to the annual pre-budget season once again where the usual rhetoric in relation to the removal of Negative Gearing and other unpopular outcomes make their way out of the closet to give the media some new doom and gloom scenarios to throw at us. This debate may be something we … Read More
2016 Investment Outlook and Australia’s property market implications
Hi Everyone I would like to wish everyone a wonderful 2016 and every success in navigating what should be another challenging year ahead in terms of making some prudent investment decisions given the somewhat uncertain global macro-economic backdrop that we are faced with. If I look at the newsletter I sent out at this time … Read More
Australian Home Prices and Interest Rates – April 2015
Hi Everyone, The case for the RBA resuming interest rate cuts this year has been fairly clear: commodity prices have fallen more than expected; the $AUD has remained relatively high; while residential construction and consumer spending are okay the outlook for business investment has deteriorated pointing to overall growth remaining sub-par; and inflation is low. … Read More
January Property Snapshot – Median Values and Growth rates
Hi Everyone, We are constantly being bombarded by a huge number of often quite contradictory news items and predictions and forecasts from a plethora of experts in economic, property and investment professions. I want to share a few just to highlight how difficult it is to try to put all this information into a context … Read More
The Outlook for 2015 and Property Market Implications
Hi Everyone, It’s this time of year when all the reviews for the year just passed and the year to come make their annual appearances. I won’t dwell on 2014 as we now all know what has happened, but instead lets’ have a look at what 2015 may bring us as global political and … Read More