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
Tourism operators in the Moreton Bay Region are perfectly poised to welcome visitors from New Zealand when the trans-Tasman travel bubble starts on April 19. From the sandy beaches of Bribie Island to lush hinterland townships and out to Redcliffe and the pristine waters of Moreton Bay, they are ready. Excitement … Read more
There were no new COVID community transmission cases in Queensland yesterday, State Premier Anastacia Palasczuk said this morning. There were six new COVID cases in this state – but all were people currently in hotel quarantine. The Premier described it as “wonderful news”, however masks must still be worn until April 15. Latest … Read more