Author: Otto Dargan
RBA Cash Rate Prediction For October 2023
The anticipation is mounting as Australians await the Reserve Bank of Australia’s (RBA) decision on the cash rate for October 2023. In the midst of economic uncertainty and global inflation trends, Home Loan Experts CEO Alan Hemmings, and Senior Mortgage Broker Jonathan...
Read morefolderCategory: RBA cash rate
bookmarkTags: cash rate prediction
Breaking Down The Award Wage Increase By Fair Work Commission
The Fair Work Commission (FWC) recently unveiled a 5.75% increase in award minimum wages and a new national minimum wage of $23.23 per hour (up from $21.28 per hour), starting from 1 July 2023. This news is a welcome change for low-paid workers who have been grappling with...
Read morefolderCategory: Policy Changes
bookmarkTags: Experts insights, first home loan deposit scheme, Government, minimum wage rate
folderCategory: Interest Rate
bookmarkTags: Fixed Rate, mortgage cliff
folderCategory: Home Loan Articles
bookmarkTags: First home Buyer, First Home Guarantee, Guarantor Home Loan
Changes Coming To Australia On 1 July 2023
As the new financial year begins, many changes that were announced in the federal and state budgets will come into effect. We’ve outlined the major changes that will affect home buyers, owners, renters and investors. Federal Changes The following changes are effective...
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Has Inflation Peaked?
In response to the high inflation, the Reserve Bank of Australia has raised the cash rate by 4.0 percentage points since May of last year, following the latest 25-basis-point increase in June. The Treasurer and RBA governor have established a target for inflation. The goal is...
Read morefolderCategory: Property Market
bookmarkTags: Inflation, Interest Rates, Property Market
Australia’s Rental Affordability Crisis
The ANZ CoreLogic Housing Affordability quarterly report reveals the challenges many would face when buying or renting in Australia. The May 2023 report analysed the rental affordability crisis in Australia caused by the pandemic’s impact on rental supply and demand. Why...
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bookmarkTags: Australian Rental Market, Rental Market
How To Minimise The Impact Of Interest Rate Rises In 2023
The RBA’s 11th rate rise since May 2022 has everyone worried about their loan repayments. The central bank has been accused of playing recession roulette, but the RBA argues that rate increases are required to smash inflation – which, as of May 2023, is at 7%. The RBA’s...
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bookmarkTags: Home Loan, Interest Rates, Refinance, Tips
What Does The Stabilising Property Market Mean For First-home Buyers?
After nearly a year of increasing interest rates, the Reserve Bank of Australia (RBA) paused the hikes in April 2023. This decision raises expectations of a stabilisation and this could attract more first-home buyers to the housing market. Signs Of Property Market Stabilising There...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, First home Buyer, property market update