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Benefits of First Home Ownership Transform Your Life

From Renter to Owner: How Your First Home Purchase In Australia Can Transform Your Life Becoming an owner from a renter is like a dream come true. Besides the excitement of being an owner of your home, you come across many growth opportunities ranging from short-term and long-term investment. First-time homeownership transforms your life in …

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RBA’s Cash Rate Set to Fall: ANZ Projects 4.1% Target by Mid-2025

RBA’s Cash Rate Set to Decline: ANZ Predicts a 4.1% Target by Mid-2025, Marking a Shift in Australia’s Financial Landscape Australasia’s finances will change a lot because ANZ believes the Reserve Bank of Australia (RBA) will lower the cash rate to 4.1% by the middle of 2025. This change in monetary policy would have an …

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Stamp Duty Relief Program Opens Doors for South Australian First Home Buyers

Stamp Duty Relief Policy: The historical stamp duty relief policy of South Australia is emerging to be feasible for first-time buyers, allowing for increased consumption of this novel offer. The policy, which completely eliminates stamp duty for first-time home buyers until the construction of any newly built property, has not only elevated government expectations but …

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MORTGAGE CREDIT SOARS DESPITE RISING INTEREST RATES

Australian Homebuyers and Investors Show Resilience as Mortgage Credit Continues to Climb Amid Rising Borrowing Costs This chart shows the RBA cash rate, standard, and discounted mortgage rates from 1996 to 2022, with rates declining until a sharp rise in 2022. This highlights tightening monetary policy and rising borrowing costs. Australia’s mortgage market is showing …

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Will Interest Rates Fall in 2025?

What Can Australian Homebuyers and Investors Expect in 2025 with Interest Rates? The Current Economic Situation  Throughout 2024, the Reserve Bank of Australia (RBA) has had a solid grip on interest rates which were largely influenced by inflation and economic volatility. However, their decision to keep the cash rate at 4.35% even when predictions suggested …

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