What It Means for You and How to Maximise Your Savings
The Reserve Bank of Australia (RBA) has announced a 25 basis point cut, bringing the cash rate down to 4.10%—the first rate reduction in four years.
Westpac has revised its forecast for the Reserve Bank of Australia’s (RBA) monetary policy, now predicting that interest rate cuts could begin as early as next month. This shift follows fresh inflation data that suggests the central bank may be ready to ease rates sooner than expected.
This update aligns with similar moves from other major banks, including ANZ, which recently brought forward its rate cut predictions to February. With financial institutions adjusting their outlooks, the market is preparing for changes that could impact mortgage holders, investors, and homebuyers alike.
As we step into 2025, the Australian property market is undergoing a notable shift. December 2024 marked the first decline in national home values in nearly two years, with CoreLogic reporting a 0.1% drop. This cooling trend brings unique opportunities and challenges for buyers, sellers, and investors alike. At Mankin Finance, we’re here to help you navigate these changes with expert financial guidance tailored to your needs.
When it comes to affordable living, Australia offers an array of hidden gems where you can stretch your dollar further without compromising on lifestyle. If you're considering relocating or investing in property, knowing the most affordable places to live is key. At Mankin Finance, we’re committed to helping you achieve your financial and property goals, so let's explore the top ten most budget-friendly locations in Australia.
Michael Mankin of Mankin Finance Wins Rising Star of the Year at the 2024 Australian Broking Awards
A quick update on the property market in Australia's Capital Cities.
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