We had anticipated a volatile 2023 and we have not been disappointed! Stubbornly high inflation and rising interest rates have led to market uncertainty and hence the volatility. The global economy has already started to moderate and J.P. Morgan research expects the U.S. to enter a mild recession ... Read more
Archives for September 2023
Your fixed rate loan is ending? What should you do? by David Agius
I am having a lot of conversations with existing and new clients about their fixed rate loans that are coming to an end. During the peak of the pandemic, the RBA provided banks access to cheap three-year fixed rate funding which they on-lent to their customers. It was estimated that fixed rate ... Read more
9 Benefits of Stretching
Stretching offers a range of benefits, from increased flexibility to improved blood flow. Just be sure to start slowly and listen to your body to avoid injury. Is stretching good for you? There are many benefits to regular stretching. Not only can stretching help increase your flexibility, ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision —5 September 2023
Media Release At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher ... Read more