Carter Property Enterprises in Melbourne, Victoria, Australia | Financial service
Carter Property Enterprises
Locality: Melbourne, Victoria, Australia
Phone: +61 434 462 515
Address: 91 Victory Blvd, Ashburton, Vic, 3147 3147 Melbourne, VIC, Australia
Website: http://www.carterpropertyenterprises.com.au/
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24.01.2022 Cash Rate Remains on HOLD, 1.5%. However, that doesn't mean there isn't movement in mortgage rates offered to you for your home loan or investment loans, contact us for a rate review. Conditions in the global economy are continuing to improve. Labour markets have tightened further and above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy has picked up a little and is being supported by increased spendin...Continue reading
23.01.2022 A Trade War That Benefits Australia: The big winner of the budding US-China trade war might just be Australia. China is Australia’s largest trading partner. President Trump pulled the US out of the Trans-Pacific Partnership trade deal, which Australia is still part of. And it has a series of bilateral deals with regional neighbors, such as the China-Australia Free Trade Agreement. Australia produces many of the things the US exports to Beijing that are now on China’s list of ...128 US goods that will have tariffs of 15% to 25% slapped on them in retaliation for Trump’s decision to impose tariffs on Chinese aluminum and steel. Take wine, for example. Last year China imported about $80 million worth of US wine, an amount dwarfed by France, Australia, and Chile, which also has a free trade agreement with Beijing. Chinese customs duties for US wines are currently 14%. The new tariff would increase them to 29%. Compare that to customs duties of 0% on wines from Australia and Chile. Robert Koch, CEO of the Wine Institute, warned: This new increased tariff will have a chilling effect on US wine exports to one of the world’s most important markets. And the president of the California Citrus Mutual trade group worries what the new tariffs will do to US exports of fruits and nuts as the value of Australia’s tree nut exports is already growing exponentially. (The daily Pnut 4/4/2018) See more
21.01.2022 The Cash Rate Remains UNCHANGED at 1.5%. The global economy has strengthened over the past year. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow solidly, with the authorities paying increased attention to the risks in the financial sector and the sustainability of growth. Globally, inflation remains low, although it has increased in some economies and further increases are expected given t...Continue reading
19.01.2022 RBA - No Change again Oct 2017 Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent....Continue reading
16.01.2022 Five must-ask questions before buying an investment property! 1. What happens if the market falls? 2. What if interest rates head north? 3. What if my employment circumstances change?... 4. Will the rental income cover my repayments? 5. What’s the current market price? To Know more:http://yhoo.it/25G4SMy
16.01.2022 Melbourne is growing up, the latest regional population growth figures show.
15.01.2022 Melbourne's New Train Stations Named. https://www.youtube.com/watch?v=9BzRP4PE6ug Operating in the worlds most livable city 7 years in a row find the best in Mortgage Finance and Off the Plan & New Property in Melbourne, Contact Carter Property Enterprises.
13.01.2022 A Top 5 bank has just dropped their home loan rate to 3.88% with No Ongoing Fees - What are you paying?? Contact Irini Carter or Ash Carter to review your home loan,,,,
11.01.2022 The MELBOURNE Property Market!!! The Real Estate Institute of Australia (REIA) released their Real Estate Market Facts report for the March 2018 quarter this week, which contained some interesting data on the Melbourne market. Melbourne's median house price rose by 4.4% to $855,000 over the quarter, an increase of 7.4% above last year. Melbourne has recorded 22 quarters of consecutive house growth over the past few years. All regions in Melbourne recorded rises, the highest b...eing the middle region, where Boorondara is situated, rising 4.3% Median rents in Victoria increased, as an example a 3 bedroom home in Melbourne increased to $400 per week, 1.3% over the previous quarter and 2.6% over the previous year. The rental vacancy rate decreased to 2.1%, down by 0.1 percentage points. The median increased in Hobart, Melbourne and Adelaide but decreased in Darwin, Perth, Sydney, Brisbane and Canberra. Dr Nichola Powell from Domain forecasts that Melbourne is expected to grow to 9 million by 2030. Melbourne is now the preferred destination for migration, both international and domestic. 60% of the population growth comes from overseas, which supports Melbourne's 'most liveable city' reputation. With this extensive growth anticipated over coming years, the demand on the rental market will rise and with that increases in rents should also result. If you are looking to expand your portfolio, or just curious about properties on the market, please contact us directly. Carter Property Enterprises (Ref: Jellis Craig Boroondara)
08.01.2022 The Reserve Bank has cut rates to a record low, ending 33 consecutive months on hold! At its board meeting on Tuesday, the RBA cut the official cash rate to 1.25 per cent a troubling sign for the economy but potentially good news for mortgage holders. If banks pass on the full 25-basis-points cut to customers, home loan holders with a mortgage of $500,000 could expect to see about $73 shaved off their monthly repayments.... BIS Oxford Economics’ head of Australia macroeconomics Dr Sarah Hunter said "Despite employment figures continuing to lift, weak income growth and the negative wealth effect where people tighten their spending due to devaluation of their assets due to falling house prices are both bad signs for the economy." Home owners could however be afforded some relief, as the majority of borrowers in Australia are on variable-rate loans and could see their repayments lowered as a result of the RBA’s cut. The critical caveat will be whether or not lenders do actually pass the cut on to borrowers, Dr Hunter said. When the RBA last cut the cash rate in August 2016, the big four banks all passed on smaller mortgage rate cuts of between 0.10 and 0.14 percentage points. But when it cut rates in May 2016, the NAB, CBA and Westpac all passed the 25-basis-point cut in full, while ANZ opted for a 19-basis-point cut. All eyes now are on the big four banks to see what they’ll do, Dr Hunter said. Wholesale funding costs have eased this year, so lending margins have improved recently, but the banks aren’t legally obliged to pass on the cut so there is a chance some lenders will chose to hold some of today’s cut back. Economists expect there to be a second 25-basis-points cut to 1.0 per cent in coming months, likely in August. Opinion is divided on how much further the RBA may go, with Westpac tipping a third rate cut in November, while JP Morgan predicts four cuts to take the cash rate to 0.5 per cent by mid-2020. (The News Daily 4/6/19) It's not just the Big 4 Banks that Carter Property Enterprises recommend, "We often get much better deals from other banks, who offer great rates & service" said Ash Carter. He went to say, "Banking is a competitive market, and everyone wants their slice of the market, so talk to your broker to check your getting the best rates & fees in the market" Call Irini Carter, Lending Manager 0414 895 596 or Ash Carter on 0434 462 515 to get a better deal!
02.01.2022 RBA hold for 26th consecutive month at 1.5% Do you think the RBA for raise or drop interest rates? Why? If you want to do a free health check of your loans, please let us know!
02.01.2022 Aussie Aussie Aussie, Oy Oy Oy!!!!
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