1 in 4 in Mortgage Stress during April according to https://www.brokernews.com.au/ Australian homeowners are finally catching a break. After a punishing period of high interest rates and cost-of-living pressures, mortgage stress across the country may be starting to ease. The Reserve Bank of Australia (RBA) has delivered two successive rate cuts in recent months, sparking …
As we approach the end of 2024, the Reserve Bank of Australia (RBA) and broader market analysis offer a nuanced perspective on the nation’s economic climate, marked by persistent inflation concerns and evolving interest rate expectations. Let’s explore recent statements from the RBA, insights from the ASX rate tracker, and broader economic indicators, including trends …
Read more “Australia’s Economic Outlook: Navigating Inflation, Interest Rates, and Holiday Spending”
This look into the history of Australian interest rates is sponsored by Clark Partners Real Estate. To provide a comprehensive summary of cash rate changes, including detecting peaks and troughs, we needed to analyze the historical data of cash rates and outline trends over specific periods. Summary of Cash Rate Changes Impact on a $500,000 …