Another month of sluggish home loan approvals highlights the compelling case for the Reserve Bank of Australia (RBA) to stop fence sitting and deliver a interest rate cut in May, says leading mortgage broker Priority Lending. Priority Lending corporate spokesperson Paul Smith said the latest Australian Bureau of Statistics (ABS) figures for February 2012 show…Details
Cautious Australian consumers have more confidence in the share market becoming more profitable over the next year than any other investment sector, a national survey has found. The Priority Lending poll which asked “Which investment sector do you believe will be the most profitable over the coming year?’ found 33 per cent thought shares were…Details
Home loan customers will be disappointed the Reserve Bank of Australia (RBA) has continued to cloud the interest rate outlook by keeping its cash rate on hold, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said today’s decision by the central bank’s board to leave the cash rate at 4.25 per…Details
First home buyer activity has subsided following a strong start to the year and highlights the need for the Reserve Bank of Australia (RBA) to lower official interest rates, according to leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said the company’s enquiries from first home buyers had dropped off 20 per…Details
The Advisor Magazine Elite Business Writer was awarded to the top 50 writers of Advisor Magazine.