EMU Market Update April 2024

News
April 9, 2024

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.

Current Economic Indicators:

 

RBA cash interest rate target 4.35% (unchanged)
CPI (inflation) index movement in 12 months to February ’24 3.40% (3.40% 12 months to Jan)
Next RBA interest rate decision 7th May 2024

Lender Interest Rate Trends:

Property Market Insight:

With increased commentary on housing affordability, we have added an extra chart into this month’s issue to share information on both the availability side (listings) and the pricing side (weekly asking prices – to buy, to rent) in Brisbane.

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.

TeemU Finance Pty Ltd ABN: 80 666 681 689; Australian Credit Licence: 389087

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.