The RBA has again kept the official cash rate at 2.50%. This was widely expected although there are many financial experts that are predicting that the next move will be upwards and not to long away.
Only a month or two back those same experts were predicting little movement in the cash rate for 2014. How will this effect the property market - I guess only time will tell.
If you haven't reviewed your own finances in a while, now would be a good time to talk to your finance broker about whether you are holding the best product for you and if a fixed rate product would be suitable. Give us a call on (02) 9564 0700 or email me at email@example.com