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first home buyers

Thankfully, The RBA Displayed
The Courage of Its Convictions

Clearly, many households and first home buyers will have reason to complain … but someone had to step up and show leadership. And it certainly wasn’t going to be the Labor Party.

The RBA's Reasons for Increasing Rates

The RBA's Reasons for Increasing Rates

By increasing the official cash rate from 3% to 3.25%, the RBA has signalled its intention to ensure Australia’s financial future remains the envy of the world.

Rather than simply basking in the recent praise from the IMF and other G20 members.
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Sentiment is Strong … Despite the Economy

Looking Up

Looking Up


These graphs are painting a very encouraging picture.

As you can see, the Westpac-Melbourne Institute consumer sentiment index increased strongly by 9.5% for June.

And that means it has now leapt by some 23% since May — the largest 2-month increase for over 30 years.

First-home buyers have also been active, accounting for nearly 30% of all loans during May.

And this overall level of confidence follows an increase in retail sales, for three months in a row.
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