Proxima Financial Planning in Rose Park | Financial planner

Proxima Financial Planning

Locality: Rose Park

Phone: +61 8 8332 4700

Address: Level 2 135 Fullarton Road 5067 Rose Park, SA, Australia

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

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21.01.2022 Reserve Bank keeps rates on hold at 0.25pc ahead of Federal Budget stimulus The Reserve Bank has kept its official interest rate at record lows as the Australian economy continues its slow recovery from the COVID-19 recession. As expected, the RBA decided to maintain its cash rate target at 0.25 per cent, just hours before the Treasurer is due to unveil his long-awaited Federal Budget.... The central bank also kept its target yield for three-year government bonds at that same level. In the past fortnight, there had been speculation that the RBA might have decided to slash rates today as part of a unified "Team Australia" move, adding to the stimulus measures the Morrison Government is set to announce tonight. This would have brought the official cash rate to a fresh low of 0.1 per cent. But the view which prevailed was that the RBA would prefer to give the Budget "center stage", holding off on any rate cuts until November (at the earliest). Source: ABC News Contact Proxima on 08 83324700 if you have any concerns about your financial position.

19.01.2022 RBA keeps interest rates on hold The Reserve Bank has kept official interest rates unchanged at a record low 0.25 percent, as Australia grapples with the economic fallout of coronavirus with Victoria still in lockdown. As was widely expected, the central bank maintained its target of 0.25 percent for the cash rate and the three-year government bond yield.... However, the RBA also said it would increase the size of its "term funding facility", which will provide banks with additional funding at a fixed rate of 0.25 percent for three years. To date, banks have drawn about $52 billion from this facility. "Today's change brings the total amount available under this facility to around $200 billion," the RBA's governor Philip Lowe said in his post-meeting statement. Source: ABC News Contract Proxima on 08 8332 4700 if you have any concerns about your financial position.

18.01.2022 Today is International Take Your Dog To Work Day and so to celebrate we would like to introduce you to our Proxima puppy, Charlie. Charlie is a Cavoodle (Cavalier King Charles spaniel and Toy Poodle) and belongs to Helen. We look forward to more visits soon.

07.01.2022 RBA keeps interest rates at 0.25pc as Victoria struggles to contain coronavirus outbreak Australia's official interest rate has been kept at a historic low of 0.25 percent. Despite the Victorian Government imposing stage 4 restrictions across Melbourne on the weekend to contain a second wave of COVID-19 infections, the Reserve Bank board has chosen to keep interest rates on hold.... Last month, Reserve Bank governor Philip Lowe raised the prospect of cutting rates further if necessary, perhaps to 0.1 percent, but the board held off on taking further action at today's meeting. In today's post-meeting statement, Dr. Lowe said Australia's economy was experiencing its biggest contraction since the 1930s, but the downturn was not as severe as earlier expected and recovery was now underway in most of Australia. Source: ABC News Contract Proxima on 08 8332 4700 if you have any concerns about your financial position.

03.01.2022 Getting ready to visit a financial planner for the first time. Watch our short video to see what you can expect from your first meeting. The best financial advice begins with a great relationship. https://vimeo.com/437039943