• 19 April 2015

The RBA have done it again!

After yet another month of indecision it’s clear that the RBA have cemented their heads firmly in the sand.  Briefly, here’s my analysis of why their interest rate strategy is NOT working…

I'm Kevin Young and I'm not happy. RBA are at it again. They raised rates when we had 4.3% unemployment and they killed it. It went up 50%, so we're now sitting on 6.5. What are they doing now to the construction industry? They said, "We need construction to replace the jobs lost in the mining sector." That happened. Investors flooded into the market to take them up on their offer. Whoa! They've changed their mind now, too many investors who are mum and dad's. They completely are ignorant of the fact that mum and dad's buy only completed stock, not off the ground.

What's going to happen if you're a builder? You're not going to build your next building, are you? You're not going to employ more people. Property prices are going to go up because of the banana story.

Related Posts

No Storm Surge Here: Brisbane’s Budget Holds Steady for Investors

No Storm Surge Here: Brisbane’s Budget Holds Steady for Investors

In the wake of ex-Tropical Cyclone Alfred, which brought Brisbane its wettest day in 50 years with over 420mm of rain in some suburbs and winds reaching up to 60 km/h, the city faced significant recovery challenges. Despite the extensive damage, including power outages affecting over 56,000 homes and businesses,...

Stamp Duty Doesn’t Have to Hurt — Here’s Where It Doesn’t

Stamp Duty Doesn’t Have to Hurt — Here’s Where It Doesn’t

Stamp duty isn’t the most exciting part of buying property, but it can seriously shape what you can afford and how quickly you can grow your portfolio. A national report by SQM Research for the Real Estate Institute of Australia (Stamp Duty: The Relationship to Australian Housing Affordability and Supply, October...

Don’t Just File Your Tax. Use It.

Don’t Just File Your Tax. Use It.

EOFY is coming, and most Australians are getting ready to tick the box, lodge the return, and move on. But smart investors know this isn’t just the end of a financial year — it’s a checkpoint. This is your chance to stop handing over more tax than you need to. And property could be the most powerful tool you’re not...

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.