Search Results for: Shane Oliver AMP
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NEWS
First National celebrates its best performers
First National Real Estate has highlighted its best performers across the country in its state-based General Excellence and Marketing Awards, with one incredible agent scoring the Number 1 Salesperson of the Year for the seventh time.
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NEWS
Interest rates to stay on hold despite drop in inflation
Despite lower than expected inflation, economists don’t expect the Reserve Bank of Australia to cut interest rate before September.
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INDUSTRY NEWS
Borrowers to be spared a Christmas interest rate hike
This week’s lower-than-expected inflation number is shaping up as an early Christmas present for borrowers, with the Reserve Bank of Australia (RBA) set to keep rates on hold at next week’s board meeting according to the experts.
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INDUSTRY NEWS
Reserve Bank keeps interest rates on hold for third consecutive month
The Reserve Bank of Australia has kept interest rates on hold for a third consecutive month as it seeks to gain more clarity on the nation’s economic outlook.
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INDUSTRY NEWS
Experts predict the RBA will keep interest rates on hold
With inflation cooling, experts have predicted the Reserve Bank of Australia (RBA) will keep interest rates on hold, in what would come as welcome relief for struggling households.
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INDUSTRY NEWS
The rate debate: 55 per cent of experts expect a rate rise
Despite the Reserve Bank of Australia (RBA) holding rates steady last month and inflation appearing to reach a peak, 55 per cent of experts think the board will hike the cash rate again at the May meeting.
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INDUSTRY NEWS
Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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INDUSTRY NEWS
Cash rate expected to rise again on Tuesday
The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high, with 88 per cent of experts tipping another hike is on the cards.
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Experts predict another cash rate rise from the RBA
There’s likely more pain ahead for borrowers with 97 per cent of experts expecting the RBA to hike the cash rate at the November meeting.
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INDUSTRY NEWS
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
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INDUSTRY NEWS
Labor looks to cut the cost of a mortgage by up to $380K
The Labor Party has announced its intentions to introduce a new shared-equity housing scheme that could help shave up to $380,000 off the cost of a home.
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INDUSTRY NEWS
Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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NEWS
Experts tip cash rate to rise before end of 2022
More monetary policy experts are tipping an interest rate rise before the end of the year, despite not expecting the Reserve Bank of Australia to lift the cash rate tomorrow.
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INDUSTRY NEWS
Just 35 per cent of Aussies would buy property in the current market
Almost two thirds of Australians believe now isn’t the right time to buy property, according to new research by financial comparison site, Finder.
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INDUSTRY NEWS
More than half of experts say lockdowns will slow property price growth
Strict lockdowns are one of the few things that can slow down Australia’s recent surging property price growth, according to experts.
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INDUSTRY NEWS
Australians’ savings drop as more struggle to pay rent
Australians’ saving levels have fallen to their lowest level since March 2020, according to new research by Finder. Finder’s Consumer Sentiment Tracker (CST) survey revealed more Australians are struggling to pay rent as Sydney’s lockdown lingers, with cash savings seeing a sharp decline. Each quarter, Finder analyses its most recent data to uncover the trends underpinning the financial, mental and physical…
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INDUSTRY NEWS
Interest rates predicted to hold but will property prices peak this year?
The non-stop rise in house prices may hit an apex this year, according to the latest expert housing predictions from Finder.
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NEWS
Sydney property values tipped to rise by more than 20 per cent
House prices in Sydney are forecast to rise by an unprecedented 21 per cent in 2021, with a range of economists and industry experts also tipping the cash rate will remain on hold when the Reserve Bank Board meets on June 1.
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NEWS
Cash rate cut to new historic low
The Reserve Bank of Australia have cut the cash rate by 15 basis points to a new historic low of 0.10%.
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NEWS
RBA expected to cut cash rate to 0.1 per cent
It seems a fait accompli that the Reserve Bank will be slashing the cash rate by 0.15 per cent, but experts are divided on when it will happen.
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NEWS
Finder survey says…cash rate hold and international borders to remain closed
The cash rate is anticipated to remain on hold and Australia is projected to lose $25 billion in foreign spending, according to a recent survey by Finder. In this month’s Finder RBA Cash Rate Survey – the largest of its kind in Australia – 42 experts and economists weighed in on future cash rate moves and other issues related to the state…
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NEWS
RBA Survey: Coronavirus economic impacts just beginning
Experts fear the Reserve Bank of Australia (RBA) will need to take action in the wake of the COVID-19 (coronavirus), according to Finder. In this month’s Finder RBA Cash Rate Survey™, 39 experts and economists weighed in on future cash rate moves and the state of the Australian economy. Graham Cooke, insights manager at Finder, said 20 of those surveyed specifically…
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INDUSTRY NEWS
RBA cuts cash rate to 1.25 per cent – industry reacts
In what was a widely expected move, the Reserve Bank of Australia has cut the cash rate to an all-time low of 1.25 per cent. At their monthly meeting on June 4, the Board elected to lower the cash rate by 25 basis points, explaining the decision was aimed at supporting employment growth and providing greater confidence that inflation would…
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INDUSTRY NEWS
May 2019: RBA rates remain at 1.50 per cent – industry reacts
Yesterday (7 May 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 30th consecutive meeting. Here’s a quick rundown of what happened. With respect to the housing market: The adjustment in established housing markets is continuing after the earlier large run-up in prices in some cities. Conditions remain soft and rent inflation…
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INDUSTRY NEWS
April 2019: RBA rates remain unchanged – industry reacts
Yesterday (2 April 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 28th consecutive meeting. Many commentators expected this to be the case as the cash rate has now remained unchanged for 32 months. Here’s a quick rundown of what happened. With respect to the housing market: The adjustment in established housing…
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INDUSTRY NEWS
March 2019: RBA rates unchanged, industry responds
Yesterday (5 March 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 27th consecutive meeting. Here’s a quick rundown of what went down! With respect to the housing market: After the earlier large run-up in prices, the adjustment in the Sydney and Melbourne housing markets is continuing as conditions remain soft in…
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INDUSTRY NEWS
2018 REINSW Awards for Excellence finalists announced
The Real Estate Institute of New South Wales has announced the finalists for its 21st annual Awards for Excellence. REINSW President Leanne Pilkington said it was exciting to see the breadth of talent showcased as finalists for the 2018 awards. “Our awards continue to go from strength to strength, with the best, bravest and brightest that work across the industry…
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INDUSTRY NEWS
Bottom of the property market cycle is not a time for panic: Raine & Horne
“Investment firm AMP Capital1 last week indicated that the Darwin real estate market has bottomed, which means that local owners should feel less pressure to take the first offer from a buyer,” said Glenn Grantham, General Manager, Raine & Horne Darwin. “The Darwin property market in fact reached the bottom of the price cycle a few months ago, yet there still…
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