7 Mar

RBA makes it 10 in a row increases for interest rates. But a pause may be coming.

At its monetary policy meeting on Tuesday 7 March, the Reserve Bank of Australia (RBA) Board announced a further increase for the cash rate of 0.25%. This makes 10 in a row increases in interest rates since the Board commenced tightening monetary policy in May last year. But there may be better news ahead with… Continue reading RBA makes it 10 in a row increases for interest rates. But a pause may be coming.

28 Feb

What’s happening with the economy? Inflation, GDP, interest rates overview

For those considering major purchases with personal loans and business finance, having an understanding of what’s happening in the Australian economy in general may assist with the decision making. There are many factors which can influence financial decisions depending on individual circumstances. Wages growth prospects may be a consideration for those planning say personal car… Continue reading What’s happening with the economy? Inflation, GDP, interest rates overview

17 Feb

Additional data to assist business with acquisition decisions – ABS releases latest unemployment rate

Staying across movements in the economy has become increasingly important for business owners in making crucial decisions around asset acquisitions. While always important, the recent decisions by the Reserve Bank of Australia (RBA) to hike interest rates in response to soaring inflation has highlighted this. The Bank considers all relevant economic data including inflation and… Continue reading Additional data to assist business with acquisition decisions – ABS releases latest unemployment rate

14 Feb

Cheaper business vehicle finance on top selling utes, vans, SUVs and sedans

The remarks from the Reserve Bank of Australia Board including its Governor, Philip Lowe, that rates are expected to go up again, could be the incentive for business owners to upgrade vehicles now. The prospect of paying a higher interest rate on business vehicle finance by putting off the decision, could be costly. Especially at… Continue reading Cheaper business vehicle finance on top selling utes, vans, SUVs and sedans