Sell with Confidence
Read More
News

RBA Announcement Surprises Nobody

By Eleanor Hopkins

In their second rate decision for 2013, the Reserve Bank have kept the cash rate on hold at 3% – making this the third consecutive month that the rate has been this low.

At its board meeting this afternoon, the Reserve Bank opted to keep rates on hold.

The official interest rate remains at 3 per cent.

The move was largely expected after comments from the Reserve Bank Board’s governor, Glenn Stevens, revealed that the board was comfortable with the current rate settings.

The Reserve Bank has slashed rates by 1.75 per cent since November 2011.

The decision to keep rates on hold comes as the real estate market has been buoyed by increased buyer enquiry and a solid start to the auction season.

See www.raywhite.com

Up to Date

Latest News

  • Christmas 2020

    Last week the team at Ray White Cranbourne celebrated Christmas and the year that was 2020 at the stunning Springfield Country Retreat at Lysterfield Lake!

    Read Full Post

  • Welcome Mercedes

    We have welcomed Mercedes to the PM team! Mercedes has a number of years experience as a property manager within the Casey area and is looking forward to expanding her skills within our team. Welcome to the team Mercedes!

    Read Full Post