Modest cut for now as global turmoil continues

5 months ago•By Ray White Wentworth Point

RBA’s 0.25 per cent rate cut saves homeowners $115 monthly on average, triggered by Trump-related global uncertainty.
Housing prices already up five per cent annually, with Perth, Adelaide and Brisbane showing strongest growth (7-12 per cent).
Lower rates and Labor’s five per cent deposit plan spark more buying competition
Property offers safety during uncertain times, staying stable when other investments drop.

Nerida Conisbee

Ray White Chief Economist

https://ecomms.raywhite.com/rv/ff00e9b827de253d39874f30d749a2ad06115afa

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