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I love stats, graphs and numbers – anyone else interested? On Tuesday 7th May 2013, the Reserve Bank reduced the cash rate by 0.25% to 2.75% – a record low. The last time it dropped below 3.00% was to 2.99% in March 1960. The lowest on record was 2.89% in January 1960.

Tuesday 7th May 2013, the Reserve Bank reduced the cash rate by 0.25% to 2.75% – a record low.   The last time it dropped below 3.00% was to 2.99% in March 1960.  The lowest on record was 2.89% in January 1960. Is your bank reducing your variable home loan rate?  I’m keeping tabs in this …

Today the Reserve Bank announced that it would reduce the cash rate from 3.00 to 2.75%.  This has surprised most economists & media commentators, as the majority considered it would remain static.  I will  be keeping track over the next few weeks to see how each bank reacts to this and how much – if …

Today I have donated $120 to the Shake it Up Australia Foundation.  As I had pledged, this represents $20 for each of the 6 new people I helped with information about home loans and property in April.  Here’s an easy way for you to support a wonderful charity – as I’m continuing this for the month of …

Join the team and help cure Parkinsons disease.  Here’s an easy way for you to support a wonderful charity – every new client I speak to in April, I will donate $20 to the Shake it Up foundation. All you have to do is give my details to anyone you know who needs personalised & …

First Home Owners Grant This is intended only as a general guide to understanding this topic.  Contact me to discuss your individual circumstances.   Definition The Australian Federal Government offers a grant to First Home Buyers.  Most states also has their own First Home Buyers incentive programs.   Victorian eligible first home buyers are entitled …

For the average Australian mortgage of $347,000 you could buy a 4 bedroom home with glorious sea views, smack bang in the middle of NZ South Island wine country – Nelson.

I’ve been busy preparing for my daughter’s birthday party this weekend – wish I had seen this website 4 weeks ago. A great way to have an easy, relevant financial lesson with our kids.http://teaching.moneysmart.gov.au/mst-digital-resources/party-time/start_here.html

Here is a comprehensive review on Australia’s property market for February – state by state and city by city,  coupled with some easy-reading commentary.  Melbourne looks to be coming into an oversupply of units with many apartment developments coming online.  Read the rest here

The Reserve Bank have decided to retain the cash rate at 3.50% at their monthly board meeting.  It was widely expected that the rate would remain the same this month, as inflation is stable, and some sectors of the economy, including property and retail, have begun to show positive signs.