Category: Market Snapshot

Christmas and New Year Trading Hours

Merry Christmas and a Happy New Year to everyone! Please note the following trading hours for our office over the holiday period. 23rd December 2016 | 8:30am – 1pm 24th December to 2nd January 2017 | CLOSED – emails and phones monitored The office will be back to normal hours from Tuesday, 3rd January 2017.

Foreign investment fees set to be introduced

Currently no fees apply to foreign investment applications in Australia. But there will be soon following the House of Representatives Economics Committee report recommending the government apply a modest administrative fee to the current screening for all foreign purchases of residential real estate, including purchases by temporary residents, to fund compliance and enforcement activities. It…

State of Play

December’s official Reserve Bank (RBA) 0.25% rate cut brought interest rates to the lowest level seen since the Global Financial Crisis. While the RBA decided to leave the cash rate on hold at 3% at both its monthly meetings so far this year, according to the March governor’s statement, recent data suggests the effects of…