Granny Flat Additions to Increase Rents

February 29, 2012

Property Focus Update

What’s happening in the Major Capital Cities with property values.  PLUS Granny Flat Additions to improve the rental return of your property in a flat market.

Interest Rates Remain Unchanged!

February 7, 2012

I’m sure this is not what you were expecting to hear!  It was certainly a surprise to many that were banking on a rate cut today by the Reserve Bank of Australia.

7th February 2012 – The cash rate remains unchanged at 4.25 per cent.

Information becoming available since the December meeting confirms that economic conditions in Europe were weakening late last year, with risks still skewed to the downside. Reflecting this, most forecasters have lowered their forecasts for world GDP growth this year to a below trend pace. That said, recent data from the United States suggest a continuing moderate expansion after a soft patch in mid 2011.

Growth in China….read the full statement here