With our EMU we look to share relevant market data and information in one place. Saving you time as we do the sourcing for you. We hope you find this of interest.
EMU Market Update March 2024
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Current Economic Indicators:
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| RBA cash interest rate target | 4.35% (unchanged) |
| CPI (inflation) index movement in 12 months to January ’24 | 3.40% (3.40% 12 months to Dec) |
| Next RBA interest rate decision | 7th May 2024 |
Lender Interest Rate Trends:
While the RBA has maintained the current cash interest rate target, we have seen small movements in lender interest rates with average variable interest rate levels increasing slightly.
Property Market Insight:
Sources: apra; rba.gov.au; abs.gov.au; SQM Research; Core Logic
Disclaimer: The information provide herein is for informational purposes only. It is not intended as professional financial, legal, or investment advice. Always consult with a qualified professional before making any financial or property-related decisions. We disclaim any liability for any loss, damage, or inconvenience arising from the use or reliance on information provided herein.
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Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.
