As expected, the Reserve Bank of Australia kept the cash rate at 0.25% at its meeting today as the country continues to deal with the COVID-19 pandemic. The RBA, conscious of reductions in consumer spending, further falls in house prices and the flow on economic impact of stage four restrictions…
The RBA has announced that the cash rate will remain unchanged for July with rates remaining at 0.25%. The RBA is mindful of rising concerns around unemployment post-JobKeeper, falls in housing and home loan approvals, decreasing property values and decreasing credit growth. The RBA maintains the stance that negative interest…
If you have been thinking about building a new home or carrying out an extension or renovation, now might be the time to meet with an AFG broker and work through your options. The Federal Government’s new $680 million HomeBuilder program announced on 4 June 2020 makes available $25,000 grants…
The cash rate decision for June has been announced by the RBA with the rate unchanged at 0.25%. The Bank withstood calls for further reductions, with some commentators suggesting negative interest rates remain a future possibility. Whilst the RBA will be mindful of concerns around the rising value of the…
Now that we are in the habit of isolation and social distancing, how good are your habits of working from home? With so many Australians now working from home, as businesses continue to do their part to help stem the spread of the coronavirus, we’re learning that WFH isn’t always…
You’ve turned your home into a home office during COVID-19. So, what can you claim on your tax return and how do you claim it? Fortunately, the ATO has now made it easier than ever. If you are one of the hundreds of thousands of Australians now working from home…
In this time of economic instability, we know that jobs and mortgages are of the highest concern to you, the Government and the lenders. With things changing on a daily basis, we’re perfectly positioned to help. As the response and effects of COVID-19 on our health and economy continue to…
By regaling us with their stories of kindness, our readers have reminded us of the goodness the human spirit is capable of. Congratulations to Heather for her winning story. With the first half of 2020 throwing us more than a fair share of challenges, remember to be kind to each…
The cash rate decision for May has been announced by the RBA with the rate unchanged at 0.25%. The Bank has previously signaled it considers the current rate to be the floor, with many analysts predicting it will remain at this level for some time as the economy recovers from…
