Lower And Longer
  • 3 September 2017

Lower And Longer

The Australian Federal Government has just locked in a $3 billion loan fixed for ten years.

Would you like to borrow at that same rate? It was just 0.75%!

Two things...

1. This money should go immediately into job creation and low-interest rate loans to the non-major banking sector to end our credit squeeze. This will be exactly the reverse of what happened when Rudd gave a favourable rate to the five majors at the expense of the competition that mostly the majors then gobbled up. An opportunity now for the Federal Government to fight back. Will our Federal Treasurer have this initiative or will he continue to be a hostage of the Treasury Department?

A question for readers - has the Treasury Department's predictions ever been right? I would love to hear from you.

2. This indicates that we are indeed in for low rates for longer. This also means we are in for low inflation for longer. This means a total rethink on wealth creation to provide you with a long and sustainable, wealthy retirement.

Constant change needs constant education. Prior to the Club, only the rich could afford the education! We are a Club for everyone.

Keen to hear your thoughts. Please send your comments and requests to enquiries@propertyclub.com.au

Until next time,

Kevin Young | Club Founder

Related Posts

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

Onsite Managers/Caretakers – The Good, the Bad and the Ugly

If you are a property investor who owns a unit, you may well have bought into a development whose Body Corporate engages an Onsite Manager or Caretaker (hereinafter referred to as an OSM). Now some OSM’s are good, and some are bad, and some are outright ugly! If your complex has a good one, breathe a sigh of relief...

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

🌟 Property Market Update with Clifford Bennett | June 2024 Edition 🌟

Welcome to our latest property market update! In this video, renowned economist Clifford Bennett shares his expert insights on the current trends, challenges, and opportunities in the property market. Whether you're a homeowner, investor, or simply interested in real estate, this update is packed with valuable...

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia leads nation in property investment growth, offering hope for renters

Western Australia has recorded the highest growth rate in property investment of any Australian state over the past year, with investor lending reaching a record $1.15 billion in April 2024, according to the latest ABS figures. Kevin Young, President of Property Club, said that property investment activity in WA has...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.