Global Power | Local Knowledge | Uniquely Personal
中文

ANALYSIS: Breathing life into Aussie property

With the ability to now get three-year fixed-rate home loans for 5.99 per cent, and 6.39 per cent variable-rate loans, there is understandably excitement brewing about the prospect of a recovery in the Australian housing market. If the financial markets are right, and the RBA cuts rates another six to seven times by the middle of next year, we will get a very healthy rebound indeed. But in terms of actual near-term data flows, don't expect too much, too soon

With the ability to now get three-year fixed-rate home loans for 5.99 per cent, and 6.39 per cent variable-rate loans, there is understandably excitement brewing about the prospect of a recovery in the Australian housing market. If the financial markets are right, and the RBA cuts rates another six to seven times by the middle of next year, we will get a very healthy rebound indeed. But in terms of actual near-term data flows, don't expect too much, too soon…

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

Subscribe Now