- 3 June 2019
What will interest rates do next month and do you have enough saved for retirement??
So . . . welcome to Winter!
Did you know that it is now only 207 days until Christmas?!
The year is obviously flying and with the election out of the way, some stability in our economy and property markets, the back half of this year looks to be shaping up for an exciting one!
RBA Rate Forecasters Race to Bottom Intensifies With 0.5% Seen
The Reserve Bank of Australia’s signal it expects to lower interest rates this year is setting off a fresh round of forecasts for deeper policy cuts as economists ponder where the lower bound is Down Under.
JPMorgan Chase & Co. on Wednesday said it expects the central bank will have to cut its 1.5% benchmark 1 percentage point by the middle of 2020 in an attempt to achieve the RBA’s inflation and employment goals. That forecast follows projections of a 0.75% rate over the same time frame from Westpac Banking Corp. and Capital Economics.
Interest rate support for the economy, property and financial markets is just around the corner, with Westpac chief economist Bill Evans now predicting the Reserve Bank will cut the overnight cash rate three times to a record low of 0.75 per cent by November.
Make contact with your Property Mentor or hit enquiries@propertyclub.com.au for further information!
Troy Gunasekera National Manager
Related Posts
Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight
For investors looking to maximise capital growth without the premium price tag, second-tier suburbs – those located just outside the most prestigious postcodes can offer an appealing alternative. These areas often benefit from the same lifestyle appeal and proximity to key amenities as their high-profile neighbours,...
The Real Cost of Prestige – Is the Price Tag Worth It?
For property investors, the allure of premium suburbs has always been clear, but the reasons these areas continue to outperform the broader market go far beyond just status and prestige. Despite higher entry costs, these blue-chip locations offer unique advantages that make them a valuable part of a well-rounded...
Australia’s Economic Winners in 2025: What Property Investors Need to Know
WA leads the charge The latest CommSec State of the States report for April 2025 is in, and it's clear some states are pulling ahead in the economic race. For investors, this isn’t just interesting reading — it’s a blueprint for where smart money is going. Western Australia has taken out the top spot for the third...