Rismark Home Value Index Release Read more
Economy
News and updates on the Australian economy and world markets that impact on the Australian economy.
Soft April home values and expectations of lower interest rates point to a further improvement in housing affordability
11 – 0: The RBA Keeps Rates on Hold for the Eleventh Straight Month.
The RBA kept rates on hold, again, as expected in October, but is progressively becoming more dovish in tone. The RBA has now hinted at the possibility of cutting rates if needed. Read more
Bargain Stocks and Cheap Mortgages...... Every Cloud has a Silver Lining
The Dow Jones fell over 600 points, the worst single day fall since December 2008. At the close the index had lost just over 5.5%. The collapse came on the back of Standard & Poor’s downgrade of U.S. debt and government backed mortgage debt. Read more
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