by admin | Mar 7, 2023 | Ask Alan News
With the Reserve Bank likely lifting rates later today – how best to plan ahead. I asked two clients recently if they were interested in hearing why rates are being lifted – and their answer could not have been clearer … “no – we read your emails because you tell us...
by admin | Mar 7, 2023 | Ask Alan News
I cannot count the number of times in my 25 years of mortgage broking I have heard the “I’m waiting for the crash” reason for delaying a buying decision. First – EVERY buyer (me included) hopes for property to be “down” 5 minutes before they buy and then “up” 5...
by admin | Feb 9, 2023 | Ask Alan News
Inflation was slightly higher in December than expected. Inflation kicked off with oil price shocks caused by the Russia/Ukraine conflict, so rate rises did feel a “bit unfair” to many. However, in December one of the single biggest contributors was travel and...
by admin | Dec 6, 2022 | Ask Alan News
Amidst all the bad news of 2022 comes some good news at last. It is just possible that the rate of inflation in Australia has peaked (in October) earlier than predicted by economists (The Australian 1 Dec 2022: Robert Gottliebsen). (By the way – what do you call 100...
by admin | Oct 29, 2021 | Ask Alan News
The Reserve Bank has cut rates to low levels to encourage borrowing. This is a good thing. The strategy has worked. Housing and construction are the backbone of our economy – because they generate so much employment and activity. House price has increased – and that...