Oxygen Home Loans in Sydney, Australia | Loan service

Oxygen Home Loans

Locality: Sydney, Australia

Phone: +611300855

Address: Level 3/ 28 O'Connell Street 2001 Sydney, NSW, Australia

Website: http://www.oxygen.com.au/

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10.02.2022 Merry Christmas! from all the Oxygen Team.

28.01.2022 Cash Rate On Hold. The RBA announced: The Australian economy is recovering from the setback caused by the Delta outbreak. High rates of vaccination and substantial policy support are underpinning this recovery. Household consumption is rebounding strongly and the outlook for business investment has improved. The emergence of the Omicron strain is a new source of uncertainty, but it is not expected to derail the recovery. The economy is expected to return to its pre-Delta path... in the first half of 2022. Leading indicators point to a strong recovery in the labour market. Job advertisements are at an historically high level and there are reports of firms finding it difficult to hire workers. Wages growth has picked up but, at the aggregate level, has only returned to the relatively low rates prevailing before the pandemic. A further pick-up in wages growth is expected as the labour market tightens. This pick-up is expected to be only gradual, although there is uncertainty about the behaviour of wages as the unemployment rate declines to historically low levels. See more

16.01.2022 Major regional centres have outperformed their capital city counterparts since the pandemic began (as discussed in The McGrath Report 2021). Local home values have been well-insulated due to distance from the afflicted capital cities and rising demand from a growing group of newly-freed remote workers. Read this week’s Real Estate Conversations with John McGrath to find out.

16.01.2022 We are thrilled to see Oxygen mortgage broker Fabio De Castro yet again make the MPA Top 100 Broker list. This makes Fabio one of the top 40 mortgage brokers in Australia. Congratulations Fabio! Two of our brokers made the 2020 Top 100 list . An incredible result for both of them. If you want to speak to one of the best brokers in the country, contact us now.

12.01.2022 The RBA has announced it will leave the cash rate on hold at 0.10% At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero per cent. The Board stated The Australian economy is recovering after the interruption caused by the Delta outbreak. As vaccination rates increase even further and restrictions are eased, the economy is expected to bounce back relatively quickly. The centra...l forecast is for GDP growth of 3 per cent over 2021 and 5 per cent and 2 per cent over the following two years. One important source of uncertainty continues to be the possibility of a further setback on the health front. The Delta outbreak caused hours worked in Australia to fall sharply, but a bounce-back is now underway. The Bank's business liaison and the data on job ads suggest that many firms are now hiring, which will boost employment over coming months. The central forecast is for the unemployment rate to trend lower over the next couple of years, reaching 4 per cent at the end of 2022 and 4 per cent at the end of 2023. See more

05.01.2022 Despite the pandemic, lockdowns and uncertainty around the economy, property has seen price rises in most major markets, again proving its resilience. Owning a property firmly remains the great Australian dream, as the safety of bricks and mortar that is our homes continues to be our gold mines. In this week’s Real Estate Conversations with John McGrath, he looks back at what happened to the property market in 2020 and what lies ahead for 2021.

04.01.2022 Canberra has had the highest rate of growth in home values of all capital cities so far this year and owner occupiers have been a strong segment of buyer activity. But what’s ahead for the Nation’s Capital? Read this week’s Real Estate Conversations with Founder John McGrath to find out.