We had talked about the market volatility in our June quarter newsletter, and it certainly has not let up since! What caused this recent bout of extreme volatility where markets have moved up and down by 1% to 2.5% in day? Generally, summer holidays in the US and Europe mean lower trading ... Read more
Media Release Statement by the Reserve Bank Board: Monetary Policy Decision —6th August 2024
Number 2024-15 Date6 August 2024 At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision
Number2024-12 Date18 June 2024 At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has ... Read more
ECONOMIC AND MARKET COMMENTARY BY AZIZ MEHERALI
How quickly the year is going by with end of the financial year upon us in three weeks! Markets started well in 2024 and then waned in April to then pick up again in May. However, volatility of markets has picked up again and market gyrations have become a norm post the straight line run up early ... Read more
How to buy a home when you’re self-employed by David Agius
Self-employed borrowers often come up against the challenge of demonstrating their true state of income to back up their loan applications, but this need not stop you buying your dream home. When you are self-employed and applying for a loan, a lender will have a checklist of documents required to ... Read more
How to Start a Self-Care Routine You’ll Follow
By Moira Lawler You may have read about self-care, and you may be on board with the benefits it can offer — even if it requires some extra effort. “Self-care means really listening to your body, taking moments to check in, intentionally tuning in to the thoughts going on in your mind, and ... Read more
Media Release Statement by Reserve Bank Governor: Monetary Policy Decision-7th May 2024
Number2024-08 Date7 May 2024 At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains high and is falling more gradually than expected. Recent ... Read more
Statement by the Reserve Bank Board: Monetary Policy Decision
Media Release Number2024-05 Date19 March 2024 At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains ... Read more
Economic and Market Commentary by Aziz Meherali CFP
We have had a very positive start to 2024 despite all the global turmoil currently underway, especially in the Ukraine and the Gaza. Whilst the market rise is welcome, human losses are unbearable and hard to stomach. We continue to hope that peace prevails eventually over these desperate ... Read more
What Government Assistance is available to First Home Buyers? by David Agius
Buying your first home will likely be the largest financial commitment most people will enter. As such, it pays to be aware of the various State and Federal government grants and schemes that are available to help first-time home buyers. First Home Buyers Assistance Scheme One of the ... Read more
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