Professionals Granger Clark
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Our national housing market is improving (see ‘Monthly Trend – Australia’) however without some form of stimulus we are likely to continue seeing housing values decrease across much of Australia.
Fortunately, it is likely that the stimulus will come in the form of an interest rate cut and I would not be surprised to see the RBA cut rates by 0.5% at its May Board Meeting. In any event, a 0.25% reduction looks all but certain. Read More