With spring traditionally being a busy time for the real estate market, it was good news all round for home buyers with the Official cash rate being unchanged for the 13th month in a row!
Conditions in the global economy are continuing to improve. The Reserve Bank of Australia avoided temptation and decided not to follow other developed economies and increase their rate due to continued concerns around low wage growth and the impact of rising power prices.
The low level of interest rates is continuing to support the Australian economy.
To read the full media release click here
The Caboolture South Travel Centre is among several new COVID-19 contact exposure sites, with Queensland recording two new locally acquired cases overnight. One of them is an unvaccinated 17-year-old on the Gold Coast, who presented at an emergency department with a headache and is a close contact of a person … Read more
Another 1000 native trees were planted in just three hours at North Harbour’s Tree Planting Day thanks to the hard work of the local community. More than 200 locals of all ages gathered at the North Harbour Heritage Precinct for the community’s latest Tree Planting Day this month. Families, politicians and the North … Read more