As expected the Reserve Bank has maintained official cash rates at the lowest levels ever recorded…
The official cash rate has now remained at 1.50% for twelve months and every indication is that prevailing market conditions will ensure the rate remains at these levels for some time to come.
Whilst the Reserve Bank continues to monitor other key economic indicators such as the Australian Dollar and underlying Inflation, it is hard to see the Reserve using interest rates as a leverage against these factors in the short term.
Many people continue to sit around waiting for things to change, in particular regarding a property purchase. However, the longer you wait, the more likely you are of missing out on today’s opportunities.
It is important to remain informed. At Strategic Investor Group, we are well placed to provide you with sound advice regarding property strategy, debt structuring and property acquisition.
Carl Thompson – Commercial Lending Specialist, Strategic Investor Group