June's RBA and Why It's a Big Month for First Home Buyers and Investors

June 07, 2017
Marvin Coleman

The RBA's message is simple - no change to cash rates, which have been on hold at 1.5% since August 2016.  See the full Reserve Bank statement for details of the RBA's decision. 

June will be a big month:

  • First Home Buyers - get your pre-approvals ready to bid with confidence when changes intended to improve your buying power start 1st Jult
  • Investors - you have 23 days left to access the Off the Plan stamp duty; this will no longer be available to you from 1st July
  • Superannuation - also 23 days left to make your concessional contributions to your fund this year.

As ever, please call me with any questions.

Cheers, Marvin 0431 376 008

Posted in: Interest rates

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