Category Archives: Australian Bureau of Statistics

Interest Rate Table

Historical Interest Rate For Standard Variable Home Loans 2010 to 2017 Troubled by who to trust with your Home Loan enquiry? Date Rate Date Rate Date Rate Jan 2010 5.55 Aug 2011 7.79 Mar 2013 6.40 Feb 2010 5.74 Sept … Continue reading

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Investment Property Tax Deductions

Investment Property Tax Deductions Despite an under-supply, property sales across the country have reportedly slumped to their lowest level in 10 years. PRdata report that sales of houses and units plummeted 20 per cent in 2010 from 2009. Accordingly, the … Continue reading

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RBA Lame Duck on Interest Rates

Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision At RBA board meeting today:” the Board decided to leave the cash rate unchanged at 4.75 per cent.” Not bad considering all our rival traders have interest rates running at below … Continue reading

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Great News For Rental Property Owners

There is a shortage of quality rental properties in all main land Australian capital cities. This means better return on investment for rental property owners if you put up your rents to reflect this shortage. Don’t be shy, recent rate … Continue reading

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Last Interest Rate Rise For 2010?

Have we seen the last of the RBA interest rate rise’s for 2010? I hope so. Yes, homes are more expensive, but I now think wage’s will adjust. Australian’s that I come in contact with seem to have overcome their … Continue reading

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Has RBA Raised Rates To Quickly

My opinion is that the RBA may have raised rates too quickly, home loan approvals have now fallen for 5 straight months. Speak to your mortgage broker, find out what your borrowing capacity is. Prepare to take advantage of some … Continue reading

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Home Loan Lending Retracts Big Time

Owner occupier Home Loan approvals in Australia are down. The Australian Bureau of Statistics reports the number of owner occupied housing loan approvals dropped 4% in February 2010 as compared to January 2010. Loans for the construction of dwellings also … Continue reading

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