RBA July Rate Decision
Earlier this afternoon the Reserve Bank of Australia (RBA) board decided to leave the cash rate on hold, at 1.75%. The RBA noted in their press release that “inflation has been quiet low” & ” this is expected to remain the…
Tag First Home Loan
Help Us Help You
Our website, which covers the entire journey for first home buyers, is only 7 months old. Yet it is already time for a revamp, with a fresh new look. We have helped many aspiring first home buyers better save for and…
Queensland Grant Increase for First Home Buyers
QLD Grant Name Changed As per today’s Queensland State Budget, from 1 July 2016 the Great Start Grant (the Grant for first home buyers in Queensland buying or building a new property) will be known as the Queensland First Home…
Average first home buyer loans increase 50% in a decade
Housing finance data for April 2016 was released on Wednesday by the Australian Bureau of Statistics (ABS). The report showed that the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments steadied to 14.4% in April 2016 from 14.2% in…
RBA June Rate Decision
Yesterday the Reserve Bank of Australia (RBA) board decided to leave the cash rate on hold, at 1.75%. This follows their 0.25% cut in May from a previous cash rate of 2.00%. The RBA noted in their press release…
The downward spiral in first home buyer numbers continues
Housing finance data for March 2016 was released today by the Australian Bureau of Statistics (ABS). The report showed that the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell sharply to 14.2% in…
RBA May Rates Decision
Today the RBA Board decided to lower the cash rate by 25 basis points to 1.75 per cent, effective 4 May 2016. The RBA noted in their press release “Inflation has been quite low for some time and recent data were unexpectedly low. While…
First home buyer finance commitments continue to trend downwards
Housing finance data for February 2016 was released today by the Australian Bureau of Statistics (ABS). The report showed that the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell sharply to 14.7% in…
FHBA Open Day: Free Consultation with an FHBA Co-founder!
Since launch in December 2015, First Home Buyers Australia & our FHBA Services Community has helped many aspiring first home buyers achieve their Great Australian Dream of home ownership. We have also received plenty of feedback, both directly and through our…
RBA April Rates Decision
Today the RBA left the official cash rate on hold at 2.00% during their April board meeting in Hobart. The RBA noted in their press release “the Board judged that there were reasonable prospects for continued growth in the economy,…