Saracens Private Wealth in Kew, Victoria | Financial service

Saracens Private Wealth

Locality: Kew, Victoria

Phone: +61 1300 662 699

Address: Suite 115 / 89 High Street 3101 Kew, VIC, Australia

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

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24.01.2022 Our March 2018 Market Update is now available... The RBA is unlikely to increase rates in the short term due to continued low wages growth within the Australian economy. Inflation has fallen to 1.5% yoy within the Chinese economy as credit growth slowed in Feb. Indicators within Europe suggest Q1 2018 growth could hit 1%. US employment and wages trends suggest the possibility of future Fed tightening... Read the full Market Update here.

24.01.2022 Our June 2018 Market Update is now available... Australian interest rates remain steady as inflation continues to edge higher through developed markets with US enjoying improved consumer spending and business investment. A trade war is still a threat between the US, China and Europe which would prove damaging to global trade. The efficacy of the Bank of Japan's QE program is also being questioned. Read the full Market Update here.

21.01.2022 Our August 2018 Market Update is now available... The RBA held interest rates at 1.5% as lenders continue to tighten internal credit policies as they preempt the recommendations of the current Banking Royal Commission. The flow on effect has been reduced house prices. US economic growth spiked to 4.1% in the June quarter with questions on it's sustainability. Asian exports have been impacted by US & Chinese tariffs. Read the full Market Update here.

18.01.2022 The RBA announced today that it has maintained the cash rate at 1.5 per cent for the 23rd month straight. The last time the RBA made a change to the cash rate was August 2016, when the rate was reduced by 25 basis points from 1.75 per cent. With unintended consequences of the current Banking Royal Commission causing lenders to further tighten lending policies (including increased interest rates), it's anticipated the RBA will likely maintain the cash rate for the rest of the year and through to 2019.

17.01.2022 Our May 2018 Market Update is now available... Read the full Market Update here. http://bit.ly/2yV0zG0

16.01.2022 Our February 2018 Market Update is now available... The Australian economy continued it's improvement although Chinese GDP dipped in the December 2017 quarter. Employment within the US economy continued to improve and European growth continues it's upside surprises with rising consumption and business investment. A broad-based cyclical recovery continues to benefit the global economy... Read the full Market Update here.

10.01.2022 Our April 2018 Market Update is now available... Amidst a growing threat of a China/US trade war, the Australian economy continues to improve and the global economy is maintaining momentum. The RBA is cautious about the effects of interest rate rises on the household sector. Sustainable wages growth within the US is yet to be demonstrated conclusively & the Euro area has seen an uplift in inflation. Read the full Market Update here.

09.01.2022 Property investment strategies for self managed super (SMSF). Are you interested but not sure where to start? It's complicated but we can help. Send us a PM and we'll organise to chat about property investment in SMSF and whether this is right for you.

05.01.2022 RBA leaves cash rate at 1.50%.... Read the statement by Philip Lowe, Governor: Monetary Policy Decision http://bit.ly/2Mq8Nbn

03.01.2022 Our July 2018 Market Update is now available... Australia’s labour market continues to tighten, however wages growth remains subdued. Chinese growth is expected to soften wit slowing credit growth as China responded in kind with tariffs on key US exports. European political tension is rising with the UK Brexit plan causing ministerial resignations. Read the full Market Update here.

03.01.2022 82% percent of Australian home owners don’t know their mortgage interest rate. Are you one of them? If you are, find out what your mortgage interest rate is and speak to us about how you can pay it off sooner.

03.01.2022 Yesterday Westpac were first to raise interest rates out-of-cycle. Today it was Adelaide Bank and Suncorp who jumped in on the act announcing increases to their home loan interest rates. Its only a matter of time before the likes of ANZ, CBA & NAB follow suit. With the RBA focused on keeping the economy moving and balancing highly leveraged households it is reluctant to move the official rate north of the current record low with any great speed.... With this in mind, it'll be the lenders & their cost of funds pressure that determine home loan interest rates for the foreseeable future.