Cash rate update for September 2024

The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50% to 4.75% last week to […]

Federal Governments Home Guarantee Scheme

A Step Closer to Homeownership with the Home Guarantee Scheme Buying a home can feel overwhelming, but the Home Guarantee Scheme (HGS) helps eligible Australians secure a home loan with a smaller deposit, without the cost of Lenders Mortgage Insurance (LMI). Administered by Housing Australia, the scheme offers various guarantees, including the First Home Guarantee […]

Cash rate update for August 2024

The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. With the June 2024 quarter Consumer Price Index (CPI) coming in slightly lower than some expected at 3.8% and monthly unemployment rising to 4.1% in June 2024, this decision reflects the RBA’s cautious approach and […]