The Reserve Bank has held official interest rates steady at a record low while expressing concern about the economic fallout from the stage four lockdown of Melbourne. Following its regular monthly meeting on Tuesday, the bank held the cash rate at 0.25 per cent, where it has been since late March. RBA governor Philip Lowe said […]
Big changes to stamp duty aim to boost the property market and the construction industry. Picture: Sam Ruttyn Sydneysiders looking to pick up their first property are set to benefit from huge changes to stamp duty. The NSW Government has announced stamp duty will be temporarily scrapped for first-home buyers purchasing newly-built properties worth up […]
The Reserve Bank of Australia (RBA) will keep interest rates on hold in July as experts predict the next interest rate move won’t be for years. The RBA hasn’t moved rates from their record low 0.25 per cent level since March as Australia battles the twin challenges of coronavirus and the economic fallout. All 43 experts […]
