Yesterday the Reserve bank of Australia left interest rates on hold at a record low of 1%. Most agree that this will be lowered once or even twice more this year. It’s all very interesting, but what does it mean for you?
It depends on which side of interest rates you sit on.
Retired Australians are struggling with low interest rates.
Aussies with a mortgage are loving it.
Which side of the fence are you on and what can you do about it?
In this weeks video blog I discuss interest rates and a couple of strategies you may be interested in.
Get in touch with your questions and comments and if you would like a mortgage check up email me email@example.com I will put you in touch with our in house mortgage broker.
Until next time,
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Ben Graham-Nellor is an advisor, coach, blogger and speaker who has worked in the financial services industry for over 15 years. He believes that by educating and advising people today, they can improve their tomorrow.
BGN Financial Management Pty Ltd is a Corporate Authorised Representative 468796 of Professional Investment Services Pty Ltd AFSL 234951 ABN 11 074 608 558 www.centrepointalliance.com.au
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