Tag Archives: australian historical interest rates

Bank Fees Leading Inflation And Interest Rate Rise

Reflecting on the fees charged on a clients home loan I thought I would look up the RBA to see if there was any info on how much bank fees had increased over the last decade. What I found makes … Continue reading

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Letter From My Mortgage Broker

I received the following email from my mortgage broker today. Because of my diverse income streams I used lo doc for one of my loans. He is touting for business I am sure, but the letter also drives home the … Continue reading

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RBA Interest Rate Cut Wasted

Our Australian real estate economy as I call it, continues to teeter on the brink of disaster. I call it the real estate economy, because if you are like me, my house is my most important asset and my life … Continue reading

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Official Interest Rates on Hold

A Seat On The Fence For RBA Governor Minutes of the Reserve Bank of Australia’s February board meeting, released 18th March 2009, show the Banks governor Mr Glen Stevens taking a seat on the fence rather than make a recommendation … Continue reading

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RBA No Rate Drop Needed

The Reserve Bank of Australia will release it’s latest move on Interest Rates today. I for one, for the sake of the country, hope they leave them alone this month. Our Banks have just suffered a credit rating markdown, making … Continue reading

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Property Value Correction Looming

Government stimulus package and historically low lending interest rates will buy some time, but the risk of a massive correction in Australian house and commercial property prices is as high as it has ever been since the great depression. Over … Continue reading

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Property Boom or Bust,but Profit Assured

Australian Property, Boom or Bust on US crisis? Could Australian property prices collapse and go bust as part of a domino effect from the US Sub Prime crisis and credit default swap dilemma? Last week many popular media outlets reported … Continue reading

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