RBA Cuts Interest Rates: What It Means for Borrowers The Reserve Bank of Australia (RBA) has reduced the official cash rate by 25 basis points to 4.10% following its latest monetary policy meeting. This move was widely anticipated as inflation eased from 3.6% in the September...
[vc_video link='https://www.youtube.com/watch?v=5g22qy6DrLI'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Asset Class Performance October was generally a risk-off period with declines in both global equity and bond returns. Solid US economic data and uncertainty ahead of the US Presidential election saw both bond yields and the $US rise,...
The question of whether to pay off a mortgage or invest extra funds is a longstanding debate. When considering the current mortgage rate of 5.95%, the calculation becomes particularly relevant. The decision essentially boils down to a comparison between the guaranteed return of paying down...
Despite a likely improvement in the global economic outlook in 2020, this note explains why the $A may well slip further next year – due to an unwinding of the recent iron-ore price boom, $US strength, and local quantitative easing measures by the Reserve Bank....