Posts Tagged ‘Investment’
The Reserve Bank of Australia has delivered the result of its monthly board meeting.
As expected, board members decided to leave the cash rate at a record-low 2 per cent, where it has been since May.
That was the result predicted by all 31 commentators surveyed by comparison website finder.com.au.
Many of the experts felt that it was too early for another rate cut, given that the Reserve Bank lowered the cash rate … Read more »
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 will apply to residential, commercial, developer, business and rural applications.
Business, commercial real estate and agribusiness investments would … Read more »
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