Latest Blog
RBA MEETING SCHEDULE 2024
1 September 2023
The Reserve Bank of Australia has released their eight meeting dates for 2024. Policy announcements will be made at 2:30pm with the governor holding a media conference at 3:30pm; 6 Feb 2024 19 Mar 2024 7 May 2024 18 Jun 2024 6 Aug 2024 24 Sep 2024 5 Nov 2024
Read morePROPERTY INVESTORS EXITING THE MARKET
26 July 2023
The number of property investors exiting the property market is increasing. A combination of factors is contributing to this trend, including: Massive interest rate increases over the last 12 months Onerous tenancy laws Increase in property land taxes Low rental returns (%) Holding cost inflation such as insurances, rates, etc
Read moreINTEREST RATES ON HOLD
4 July 2023
The Reserve Bank has decided to leave interest rates on hold. The Official Cash Rate OCR will remain at 4.1% This hold decision is welcome news after the Inflation data had fallen to 5.6% in May from the previous month reading of 6.8% The downward trend has provided sufficient
Read moreSMARTLOANS Bendigo Launches
1 July 2023
SMARTLOANS Finance Brokers officially launched on 1st April 2023. Founded by Glenn Harrison and Ron Bradley, they are both well known and experienced local Bendigo Mortgage Brokers. Originally operating as Smartline Personal Mortgage Advisors, the corporate business was merged into Mortgage Choice. “We made the decision to launch an
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