Keywest Finance

Great news for homeowners! 🏡 The Reserve Bank of Australia has reduced the cash rate by 0.25 basis points, bringing it down to 4.10%. This positive change comes after promising inflation data, indicating we're on track to meet the RBA's targets. 🎉

For those looking to buy, today's announcement may improve your borrowing capacity. Contact us and we'll help you explore your options. 🏠

Happy New Year! 🎉 We hope you've all been enjoying some well-deserved rest and relaxation over the holiday season. Here’s to an incredible year ahead! 🏠🥂

A big thank you to our wonderful client, Olivia! It’s been a true pleasure working with you over the past six months to help you secure your first home! 🏠💙✨

Today, the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35 per cent.

The latest numbers show the Consumer Price Index (CPI) rose by 1% in the second quarter of 2024, pushing annual inflation to 3.8%. However, underlying inflation is still dropping.

The RBA aims to bring inflation down to 2-3% by the second half of 2025. Economists are debating whether a cash rate cut might happen as soon as November or if it will be next year.

Stay tuned for more updates! 💹