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Interest rates remain on hold at the historic low level of 0.10 per cent despite soaring inflation and the rising cost of living.
INTEREST RATES
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Home buyers may not face more lending restrictions this year with top bank economists saying the regulator will likely sit tight.
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Australian job vacancies fell last month after surging in November as the Omicron variant of coronavirus dampened sentiment.
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The value of Australia’s housing market surpassed $9 trillion for the first time after rising by five per cent in the September quarter.
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Industry experts reported a flurry of hungry home hunters in each city at key auctions
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Australia will reopen its international borders to more than 200,000 visa holders as it moves towards the final phase of the national reopening plan.
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The RBA is playing patient as it eyes one of the most uncertain inflation outlooks since 2014.
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Two-thirds of Australians believe a full one percentage point rise in interest rates would put pressure on their financial position.
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The geniuses in the financial markets – and they must be geniuses because they’re paid far more than we are – think next year will be an absolute ripper.
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In a statement, the RBA Board made no mention on refraining from rising interest rates until 2024, as it has for months.
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Inflation expectations for the next two years jumped 0.3 percentage points to five per cent, the highest level since December 2014.
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Australia's property prices could retract by as much as five per cent if interest rates were to be raised, one of the country's top economists has forecast.
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Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
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