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Happy Easter, borrowers

A lot of people breathed a sigh of relief this week when the Reserve Bank of Australia elected to make no change to the official cash rate this month, leaving it at 3.6% for now.

Following much speculation, the Board decided to wait and see the impact of a 10-month run of rate rises, but is not exactly offering long-term comfort, with RBA governor Philip Lowe warning further rate rises ‘may well be needed’ to tame inflation.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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