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After a series of consecutive increases, the Board decided to maintain cash rate at 3.6% and interest rate on Exchange Settlement balances at 3.5%.
With the world experiencing the pandemic and several economic challenges connected to it, many businesses have suffered – so there’s one great thing learned from this experience:
Property values in Australia are picking up since it went virtually flat lining last February. Corelogic’s recent report shows that housing values are on the rise, and this positive trend continues in the first half of March.
Buying and selling property is one way Australian property owners and business people make money.
With the rapid growth of property values each year, especially when you get an area with huge development happening, you could surely make profit.
The Board decided on another increase of 0.25% in cash rate at today’s meeting pushing it to 3.60%. Interest rate was also increased by the
Whether you’re borrowing money for personal or business use, it’d be important to maximise your borrowing capacity. Hence, managing your finances is necessary to protect yourself and your business.
Values are declining sharply in Australia’s hottest regional cities as vendor discounts go up and days on market blow out.
If you’re looking for ways to best solve your business struggles and performance, then a business management consultant can give you the answer.
In the recent RBA update, the Board decided to impose slight increases on the cash and interest rates by 0.25%, reaching 3.35% and 3.25% respectively.
