Which Big Banks Passed on the Interest Rate Cut?
At its meeting today, The Reserve Bank of Australia decided to lower the cash rate by 25 basis points to 1.75 per cent effective 4 May 2016. This follows information showing inflationary pressures are lower than expected. So far, the big banks who have passed on the interest rate cuts are as follows: Bank Rate cut NAB Full CBA […]
Certainty for Real Estate
On 24 April 2016, the Liberal Government released the following Media Release: “The Turnbull Government will be not be making changes to negative gearing or capital gains tax policy in the May 3 budget. Labor’s housing tax plan will deliver a reckless trifecta of lower home values, higher rents and less investment. Labor’s proposal to increase […]
Potential Changes to Negative Gearing Looming
With the Federal election looming in September, both major parties have signalled policy changes to negative gearing. It goes without saying that changing the access to negative gearing is likely to have an impact on property sales, values and trends. While each party’s policies fundamentally differ, we must reiterate that they are still in their draft form […]
