The Reserve Bank of Australia’s (RBA) decision to cut official interest rates is good news for anyone with a mortgage or hoping to buy their first home, but presents a challenge for savers. Whatever your personal situation, the question now is how to make the most of falling rates.
Housing prices off the boil
The Australian housing market appears to have reached a turning point, with prices falling 2.2 per cent since peaking in September 2017. This is welcome news for first home buyers; not so much for sellers and investors. As always with residential property, it’s a tale of many markets with big differences between states, cities and […]