Newsflash – Interest Rates Up
Buyer Solutions wishes to advise that interest rates are on the way up with two of the “big four” lenders. National Australia Bank and Westpac have joined forces and increased Interest Rates. National Australia Bank announced their decision last Thursday to lift the Standard Variable Rate by 0.07 per cent hours after the US […]
Self Funded Retirees are Feeling the Squeeze
Self Funded Retirees are Feeling the Squeeze Self funded retirees are feeling the squeeze at the moment with interest rates falling. If they have the bulk of their money in the bank or short term investment deposits the returns are low and getting lower. The Reserve Bank of Australia lowered the official cash rate on […]
Falling Australian Dollar Wakes Up Overseas Buyers
Falling Australian Dollar Wakes Up Overseas Buyers The Australian Dollar has fallen considerably from recent highs. It peaked against the US Dollar at $1.1080 back in July 2011 and over recent months has started to fall back to its current level of around 95 cents – or a drop of almost 15%. Some analysts are […]