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Statement by Philip Lowe, Governor: Monetary Policy Decision

Number2020-08 Date 9 March 2020 The coronavirus is first and foremost a public health issue, but it is also having a very major impact on the economy and the financial system. As the virus has spread, countries have restricted the movement of people across borders and have implemented social distancing measures, including restricting movements within

RBA – March Rate Cut

Media ReleaseStatement by Philip Lowe, Governor: Monetary Policy Decision Number2020-06Date3 March 2020 At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak. The coronavirus has clouded the near-term outlook for the

Asset Management

5 Tips to Effectively Manage Your Commercial Property Purchasing a commercial property is a big decision. It is a large purchase and needs to be managed well for the investment to be worth it for you.  … Purchasing a commercial property is a big decision. It is a large purchase and needs to be managed

Residential vs Commercial Property Investments

As an agent who has worked across both residential and commercial property, I’m astounded as to how many investors are uneducated about the differences between residential and commercial property investments. In Melbourne, on average the current yield on residential property is about 2.9% with commercial sitting at between 6% to 7% on commercial industrial buildings

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