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![]() | Younger Australians bear the brunt of RBA’s aggressive rate hikes 09 Jun 2023: .financialservicesonline.com.au The Reserve Bank of Australia’s (RBA) aggressive interest rate hikes are affecting younger Australians the most, according to CBA's head of Australian economics, Gareth Aird. While older Australians remain largely unscathed, Aird says that the 'pain' of higher rates is being felt by those in the 25-45 age group, many of whom are recent entrants into the housing market or renters who have seen rents rise swiftly over the past year. - read more |
![]() | New Insights and Perspectives on the Latest RBA Interest Rate Hike 07 Jun 2023: .financialservicesonline.com.au On June 6th, 2023, the Reserve Bank of Australia (RBA) announced its decision to raise the cash rate to 4.1%, citing concerns about inflation. While the rate hike has been met with mixed reactions, it is important to consider the potential impacts on consumers and the broader economy. - read more |
![]() | Why Investing in Property through SMSF is a Smart Idea 07 Jun 2023: .financialservicesonline.com.au Self-Managed Superannuation Funds (SMSFs) have become a popular financial tool for Australians to take greater control of their retirement savings. One of the investment options available within an SMSF is investing in property. Setting up an SMSF for property investment can be a complex process, but with proper guidance, it can be a lucrative investment strategy. - read more |
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