Reserve Bank Interest Rate Announcement - August 2014 Today the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has remained unchanged for 12 months now. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Inbam Devadason Global share markets have performed well during the 2014 calendar year. Confidence is growing in the US recovery. US interest rates are expected to remain on hold for at least 6 months which will continue to stimulate their economy. Europe’s Purchasing Manufacturers Index (PMI) is now above 50, signalling expansion.
Reserve Bank Interest Rate Announcement - August 2014 Yesterday, the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has remained unchanged for 11 months now. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Mario Isaias The May Federal Budget contained measures aimed at bringing our national accounts back into surplus (although this is not forecast to occur until 2019-2020). Although these first steps are necessary in order to bring about economic sustainability for Australia, the immediate reaction was to see a drop in confidence by
Reserve Bank interest rate announcement - July 2014 Today, the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.50% pa. The official rate has remained unchanged for 10 months now. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Noel Hucker Several key themes are playing out at present. Firstly, all asset classes delivered positive absolute returns for the month of May 2014. Overseas, the United States is broadly recovering despite March quarter growth being negative and we expect the US economy to grow over the medium term. In Europe, interest
The current qualifying age for the Age pension is age 65. It has previously been legislated that this will be progressively increased to age 67 for those born between 1 July 1952 and 31 December 1956. The Government has announced that the age pension age will be progressively further increased from age 67 to age
It's that time of year again! The financial year ending 30 June 2014 is fast approaching and now is the time to start preparing! This newsletter is provided to give you some things to think about which will help you to best manage your taxes, build your wealth and better your financial position for you
Reserve Bank Interest Rate Announcement - June 2014 Today, the Reserve Bank of Australia met to review the official cash rate. They have decided to leave this rate steady at 2.5% pa. The official rate has remained unchanged for 9 months now. We expect that most lenders will leave their rates unchanged, in line with
Director's Perspective By Inbam Devadason Global share markets were generally up around 1-2% over the month of April 2014 and have continued this upward trend in May 2014. Confidence is growing in the US recovery. The US Federal Reserve is reducing its bond buying program such that we expect it to finish by December 2014.
