Market Update
Is the Second Longest Bull Market Running Out? The bull market is still going but how long can this bull market keep running? Since March 2009 it is the second longest bull market in 99 months. Markets have risen considerably. Bull markets cannot go on forever and while we are still seeing growth, it’s probably […]
Market Update
Housing Market The Australian Bureau of Statistics has released dwelling approvals data for the month of May at a national level showing the number of dwelling approvals fell by 5.6% to 16,448. The decline was due to the unit and apartments dropping by 12.1%, however home approvals actually rose slightly. There is still the belief […]
RBA Announces Official Cash Rate Call
There was no surprise when the RBA at its July monthly board meeting announced another hold on its official interest rate of 1.5% for July. The RBA last moved rates August 2016 down to the current rate. There is speculation among analysts that the next rate move will be upward. The RBA remains positive that […]
