RBA Upgrades Domestic Economic Growth

Here are some articles of interest to anyone looking at investments in Australia.

As an aside I’ve included a snippet from Tim Farrelly who emphasizes that “ Buy high, sell low still seems to be the preferred strategy for many financial advisors “ and I think this is also true for many investors. That’s why we always continue to stress that it is important to invest in quality assets, preferably when they are under-priced to comparable investments. When looking at this in the context of property investments in Australia, the best avenue to use this basic principle is to compare what is happening in different locations.

Australia’s central bank signalled the end of a two-year easing cycle and foreshadowed stronger economic growth, sending the nation’s currency higher.

Governor Glenn Stevens kept the overnight cash-rate target at 2.5 per cent, saying in a statement in Sydney “the most prudent course is likely to be a period of stability in interest rates.” He said the Australian dollar’s decline “will assist in achieving balanced growth,” dropping references in past statements that it was “uncomfortably high.”

The RBA is trying to stimulate housing construction to pick up some of the slack in the labour market from waning mining investment, and has previously said that higher property prices are needed to spur the building industry.

“Credit growth remains low overall but is picking up gradually for households,” the RBA said today. “Dwelling prices have increased further over the past several months.”

A private RP Data-Rismark home value index released this week showed house and apartment prices rose 9.8 per cent in major cities in the year to Jan. 31. In and around Sydney, prices in some suburbs have surged as much as 27 per cent in the past year.

Read the full story at http://www.bloomberg.com/news/2014-02-03/rba-holds-key-rate-at-record-low-2-5-as-currency-pressure-eases.html

RBA upgrades domestic economic growth

The Reserve Bank of Australia has upgraded domestic economic growth alongside its latest inflation forecasts, while Perpetual Investments has predicted positives for investors. More>>

Perspectives – latest

pcf_tn_Tim-Farrelly_70x70.jpgBlowing in the wind
In December, a report on asset allocation trends and intentions of financial planners crossed my desk. The voice in my head sang the Dylan classic “How many times…”
Tim Farrelly, farrelly’s | Opinion

Brisbane’s next growth suburbs identified

The inner-northern suburbs of Brisbane will offer the best prospects for capital growth and rental returns in the city, according to Position Property.  Read More…

Sydney, Melbourne push values 1.2 pc higher in January

Property prices in the capital cities have continued 2013’s impressive gains, with a 1.2 per cent increase for the first month of 2014. More>>

Instagram Posts

With over 4% of housing stock in major cities like Sydney, Melbourne, and Brisbane listed on platforms like Airbnb, Australia ranks among the most heavily penetrated STR (Short-Term Rental) markets globally.

But while this fuels the tourism economy, the impact on housing availability and ...rent prices is sparking debate. Unlike other countries with tighter STR regulations, Australia has relatively light oversight.

Drop your thoughts below! 👇

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🏗️ Exciting Construction Update on Dawn’s Progress!

🏡 Quality Craftsmanship:
Dawn’s fit-out showcases excellence in every detail. Our video highlights the remarkable progress of this apartment, emphasising the commitment to quality craftsmanship and thoughtful design. From ...foundation to finishing touches, no compromises have been made in creating a home that exceeds expectations.

🌴 Coastal Living at Its Finest:
Situated in idyllic Mermaid Beach, Dawn offers a lifestyle many dream of. Residents will have the privilege of enjoying the beach, golden sands, refreshing surf, and invigorating coastal walks right at their doorstep. Embrace the serenity and beauty of coastal living.

🛍️ Conveniently Located:
Mermaid Beach is a vibrant community with a wealth of amenities and attractions. Dawn is thoughtfully positioned near an array of dining, shopping, and entertainment options. From trendy cafes to world-class restaurants, Pacific Fair Shopping Centre to The Star Gold Coast, everything you need is within reach.

🪴 Thoughtful Design:
Dawn has been carefully designed to create a space that harmonizes luxury and comfort. The video showcases the sleek and modern kitchen, spacious living areas, and seamless indoor-outdoor flow. A testament to mosaics commitment in providing an elegant and inviting living experience.

🏊 Resort-Style Amenities:
Dawn will offer residents access to resort-style amenities, including a sparkling swimming pool, fully equipped fitness center, and beautifully landscaped gardens. These facilities enhance your lifestyle, offering relaxation, rejuvenation, and community connection.

🔨 Progressing Well:
Dawn is progressing beautifully, thanks to our dedicated team. Every aspect of this property meets the highest standards. In the video, witness the care and expertise that goes into bringing this exceptional home to life.

📞 Stay Updated:
To stay informed about the latest updates on Dawn, reach out to us. We will provide any information you need and keep you in the loop as this remarkable property nears completion.

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