At its meeting today, the Board decided to leave the cash rate unchanged at 1.50%.
The Board judged that holding the stance of monetary policy unchanged at this meeting would be consisten with sustainable growth in the economy and achieving the inflation target over time.
Exciting News for AGS Baulkham Hills
Further to AGS' acquisition of Optima Group in September 2015, we are pleased to announce that from Monday 1st May 2017 the office at Baulkham Hills will operate only as AGS Financial Group.
At its meeting today, the Board at the Reserve Bank decided to leave the cash rate unchanged at 1.50 per cent.
The board at the Reserve Bank have met today and the cash rate remains unchanged at 1.5% pa. The continued improvement of global economic conditions has contributed to higher commodity prices which are providing a significant boost to Australia's national income.
The board at the Reserve Bank have met today and left the cash rate on hold at 1.5% pa, citing improved global economic conditions, and business and consumer confidence.
In our latest edition of Super News, the newsletter exclusively for AGS Corporate clients, we discuss how the proposed superannuation changes might affect you. Next up, we look at how super assets are dealt with following a relationship breakdown.
Mortgage rates have been falling, so it’s a great time to review and save more! Finally, we wrap up with our Quarterly Investment Update.
With rates at historic lows, and many changes to lending policies between loan providers, now is a great time to review your mortgage requirements.
Debt optimisation (sometimes referred to as “Debt Recycling”) is a financial strategy which creates wealth over time and improves an individual’s debt structure. Achieved, in the majority of cases by:
• Using all surplus income to reduce the home loan (non-tax deductible “bad debt”);
• Creating or increasing investment debt (tax deductible “good debt”) by drawing against equity in the home; and
• Using this borrowed money to build an investment portfolio.
The great Australian housing dream may be in doubt, but careful planning means you may be able to make it come true.
Take advantage of this excellent offer! Until the end of April 2012, if you "like" the AGS facebook page, we will provide you with a complimentary evaluation report for your property through Australian Property Monitors.
Financial planning, corporate benefits and mortgage services are provided by AGS Financial Group Pty Ltd ABN 70 093 990 946, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP), AFS Licence No 232706. Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. AGS Accounting Pty Ltd is a member of Chartered Accountants Australia & New Zealand. Liability limited by a scheme approved under Professional Standards Legislation.