Tax and interest-rate hikes are driving buy-to-let investors to sell up Taxation issues to be considered when making investments The environment for investing has changed significantly over the last number of years. In addition the application of tax to income and gains on such investments has also varied, in particular in the context of the rate of tax applicable.
Treasurer Josh Frydenberg lambasted ANZ for not fully passing on the RBA’s 0.25 per centage point interest rate cut today, the first change to official rates in 34 months. Westpac also kept 5.
interest rates; RBA slashes cash rate to all-time low of 1.25 per cent. The Reserve Bank has cut the official cash rate for the first time in almost three years. This is what the record low means.
Australia's central bank cut official interest rates by 0.25 percentage points. that: "Bank funding costs have also declined further, with money-market. a year, with a $400,000 mortgage almost $3,000 a year better off as a household".. for the first time in five years it thought the RBA should now cut rates,
The Reserve Bank has cut the official cash rate for the second month in a. who had warned June's cut – the first move in almost three years – may not. other factors that have been deteriorating for some time,” said Mr Kusher, “If you've got money sitting in a savings account, those rates have already.
· The Reserve Bank of Australia’s quarter percentage point rate cut was the first in three months. Before the last cut in February, the interest rate had been steady at.
The RBA has slashed interest rates in the first cash rate move in almost three years. The move was widely expected, and no doubt the focus will.
On Tuesday afternoon (4 June), the Reserve Bank announced that it was dropping the official cash rate for the first time in almost three years in order to "support employment growth and provide greater confidence that inflation will be consistent with [its] medium-term target".. While many lenders had reduced interest rates in May, following the official cash rate reduction, several.
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The Reserve Bank of Australia (RBA) has announced a cut to the official interest rate – the first cut for almost three years. The 0.25 basis point cut brings the official cash rate down to 1.25 per cent. The decision reflects concerns about the economic outlook, wages growth and inflation.
2 days ago · Monthly inflation was flat for the first time in almost a year in June.. with the first interest-rate cut in more than three years in March, but.
Where should I put the cash from my buy-to-let? This story is part of a collection of pieces on how we spend money today. surely apple could not have foreseen. This reasoning is closely related to “My smartphone is my computer.” And buying a.