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News & Media

Monetary Policy Decision


Written by: Reserve Bank

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy continues to be supported by increased spending on infrastructure and property construction, although financial conditio ... Read More

Reserve bank keeps rate at 1.5 per cent


The Reserve Bank has decided to leave official interest rates at the record low 1.5 per cent set over August. The bank will await the impact of last month’s cut to assess if further reductions are required. Despite rates remaining on hold, the latest economic data continues to be underwhelming, and there is a chance of another rate cut later this year. Unemployment levels are still near three-year lows although much of the recent employment growth has been in part-time ... Read More

Reserve Bank of Australia Monetary Policy Decision


Written by: Statement by Glen Stevens

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. Actions by Chinese policymakers are supporting the near-term growth outlook, but the underly ... Read More

Your Complete Guide to Real Estate Advertising Abbreviations!


Written by: Micky

Your Complete Guide to Real Estate Advertising Abbreviations! Who else reads the classified advertising for rental properties and is left wondering what does that abbreviation mean?  What’s an APPT, or LUG, or a HWS? Here’s a list of the most common abbreviations used by Property Managers  to describe a property with abbreviations with advertising.  A/C – air conditioning ADJ – adjacent ADV – advance APPT – appointm ... Read More

Monetary Policy Decision


Written by: Statement by Glenn Stevens, Governor:

At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China's growth rate moderated further in the first part of the year, though recent actions by Chinese policym ... Read More

To Sell or not to sell


To Sell or Not to Sell? While it’s important that you hold an investment property for the long term to maximise your profits, there will come a time when it makes sense to sell. And when it comes to selling, timing is everything. Ideally, you should be able to hold on to your investment property until such a time when it’s most conducive to sell. That time is when: The market is approaching its peak in terms of price growth You want to consolidate your portfolio ... Read More

(RBA) has announced it will hold the official cash rate at 2% in April


Written by: The Reserve Bank of Australia

The Reserve Bank of Australia (RBA) has announced it will hold the official cash rate at 2% in April. This is the tenth consecutive month that the official cash rate has been left on hold, despite a persistently strong Australian Dollar (AUD) threatening a cash rate cut. The AUD reached an eight month high of USD $0.77 early this week. The strength of the AUD is partly due to a global currency battle, where many central banks around the world are simultaneously trying to ... Read More

The RBA decided to leave the cash rate unchanged at 2.0 per cent.


Written by: Statement by Glenn Stevens, Governor: Monetary Policy Decision

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth. Key commodity prices are much lower than a year ago, in part reflecting increased supply, including from Australia. Australia's term ... Read More

RBA leaves rates on hold


Written by: RBA

The Reserve Bank has decided to leave official interest rates at the record low of 2.0 percent over September. Although rates have now been on hold for four consecutive months, the prospect of a near-term cut has re-emerged over the past month reflecting growing uncertainty over the direction of the local and global economies.   Lyall AND Scott Property | Mollymook Real Estate | Narrawallee Real Estate | Milton Real Estate | Ulladulla Real Estate | Mollymook Beach Real ... Read More

New change of address


Written by: Lyall and Scott Property

Our new address as of 20.7.2015 Master Builders Assn Building - Ulladulla Homemakers Centre - 1/171 Princes Highway, Ulladulla NSW 2539 Stop in for a chat or coffee PS bring the coffee ... Read More