RBA interest rates on hold
At next Tuesday’s RBA Board meeting, it’s clear it is going to keep interest rates on hold at 4.1% for the third straight month in a row.
Contemporary commentary by specialist broker Boris Sfiligoi, about interest rates and other driving economic issues, plus resources and latest news.
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At next Tuesday’s RBA Board meeting, it’s clear it is going to keep interest rates on hold at 4.1% for the third straight month in a row.
It’s all going up: electricity, petrol, vegetables, dining out, hotels, and most everyday items. Central banks increase interest rates to curb inflation. Why is this so?
L4T’s economic commentary brings you up-to-date with insights to the local and global dynamics and drivers at play in Australia’s contemporary economy.
At next Tuesday’s RBA Board meeting, it’s clear it is going to keep interest rates on hold at 4.1% for the third straight month in a row.
The RBA’s 1 Aug 2023 decision will again be a close call and I think there’s every chance they will raise by 0.25% to make the official cash rate 4.35%.
The RBA’s interest rate decision on 6 June 2023 will again be a line ball decision as to whether they raise or not.
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The NSW Shared Equity Home Buyer Helper assists eligible teachers with buying their first home.
Snap shot information about the Federal Government’s First Home Buyer Guarantee Scheme. Buy your first home with as little as 5% deposit.
Loans4teachers is owned by Bordez Pty Ltd. The credit practice licence numbers are as follows: Credit Representative Number (CRN), Bordez Pty Ltd – 514831, Boris Sfiligoi (Mortgage Broker) – 514830; Australian Credit Licence (ACL) – Mortgage Specialists Pty Ltd – 387025.
Credit representative, Boris Sfiligoi is an accredited finance broker with Mortgage and Finance Association of Australia (MFAA).
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