Cash flow positive property, otherwise known as positively geared property is a position that eludes most property investors. It is where the property generates more rental income and / or tax benefits than is required to pay its holding costs, resulting in a surplus for you to pocket at the end of the financial year, Read the full article…
Interest rate cut
Nov 2, 2011 Articles | Government & Policy
INTEREST rates have fallen to 4.5 per cent, providing a massive boost for struggling households and the retail sector ahead of Christmas. The Reserve Bank of Australia on Tuesday slashed rates by 25 basis points in a bid to boost consumer spending and turn around the depressed property market. Most of Australia’s biggest home lenders cut Read the full article…
Monetary Policy Decision
Oct 21, 2011 Articles | Government & Policy
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. Conditions in global financial markets have continued to be very unsettled, with uncertainty increasing about both the prospects for resolution of the sovereign debt and banking problems in Europe, and the outlook for global economic growth. While temporary impediments Read the full article…