THE number of households facing potential foreclosure has continued to increase in October and first home buyers are particularly worried about rising interest rates. Continue reading ‘First home buyers forced out…but landlords may enjoy increasing rents and returns’
Tag Archive for 'Interest Rates'
Source: Mortgage & Finance Association of Australia (MFAA)
At its meeting on 3 February 2009, the Reserve Bank Board reduced the cash rate target by 100 basis points to 3.25%. Its next scheduled meeting is 3 March 2009. The Governor provided the following rationale for the decision: Continue reading ‘Declining Interest Rates – a further sizable reduction in the cash rate was appropriate…’
Dear Investors
Important news regarding lodged 2008 – 2009 Tax Variation Form
As you are aware, interest rates have dropped considerably over the last few months, lowering loan costs for property investors with variable rates. While this is fabulous news, it’s important to prepare for some adjustments. Continue reading ‘Important news regarding lodged 2008 – 2009 Tax Variation Form’
Beneath the dark clouds of this financial storm, global current account imbalances have been decreasing, global FDI inflows reached a record 1.8 trillion dollars in 2007, oil and food prices have started to come down and emerging economies ─ while slowing ─ are still showing remarkable stability and resilience.