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ACM Finance & Wealth

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24.01.2022 Time to Review, Restructure & consider Refinance. Ensure that you have the most suitable finance arrangements in place. "The cash rate has hit a new record low,... with the Reserve Bank easing monetary policy for the fourth time in less than a year amid a sharp dip in market sentiment. The Reserve Bank of Australia (RBA) has lowered the official cash rate by 25 bps from 0.75 per cent to 0.5 per cent marking the fourth cut since June 2019 when the easing cycle commenced. This follows a sharp turnaround in sentiment ahead of the RBA’s monetary policy board meeting, with analysts initially expecting the central bank to keep rates on hold." source..The Adviser

23.01.2022 Pre-Christmas cash rate revealed The central bank has announced its final cash rate decision for 2019, following its monthly monetary policy board meeting. The Reserve Bank of Australia (RBA) has held the official cash rate at 0.75 per cent, in line with market expectations.... Analysts are expecting the RBA to save its ammunition, as it monitors the extent to which its reductions in June, July and October have supported its objectives of sustainable growth in the economy, full employment, and 2-3 per cent inflation. Chief economist at AMP Capital Shane Oliver predicted the hold verdict but noted the benefits of a cut ahead of the Christmas break. Given the recent run of weak data on jobs, retail sales, car sales, housing construction, business investment and credit, the RBA’s own forecasts for barely any progress towards reaching its goals over the next two years, and that the RBA sees rate cuts as still working, it should be cutting rates [again] particularly [given] that the next board meeting is not till February, he said ahead of the announcement. Drawing from remarks by RBA governor Philip Lowe, Mr Oliver said they suggest little urgency and a preference to wait and assess given the long and variable lags of monetary policy. However, the economist added that he is expecting back-to-back cuts in February and March, which would take the cash rate to 0.25 per cent. * source The Adviser... See more

16.01.2022 Review Restructure Refinance With Interest Rates on Home Loans from around 2% and Investment Loans from around 2.3%, now is the right time to consider your own position. Recently we helped a client who is now saving over $500 per month due to better Structuring and Refinancing. Why Refinance? The reasons can be numerous and include lower rates, better features, more flexibility, pay your loan off sooner, time to renovate or time to invest.... Talk to us today and together we can review your position. The savings could be just an email or phone call away. See more

14.01.2022 It's Your Loan..... Are you getting the best rates and features from your lender? Rates are at all time low levels. Make it more about you, Home loans, Investm...ent loans, Business loans Contact us today See more