Geelong Financial Group News

October 1 2018 | Financial Planning

Investment Update – September 2018

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July 19 2018 | Financial Planning

Australian sharemarket still on the rise

By Tim Schroeders, Investment Research Department – Australian Unity Personal Financial Services The Australian sharemarket finished the 2017/18 financial year with a solid gain of 13%. A favourable global macro-economic backdrop provided the tailwind for this result, in particular: Our inflation remains benign at 1.9%. Our unemployment is steady at 5.4%. Australia’s GDP growth rate […]

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June 15 2018 | GFG News

JUNE 2018 RBA RATE ANNOUNCEMENT: RATES ON HOLD

As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5 per cent at their June meeting today. The RBA has not moved on rates since August 2016, with the objective of stimulating inflation, employment and wages growth through rate stability. However, the Organisation for Economic Cooperation […]

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May 1 2018 | GFG News

MAY 2018 RBA RATE ANNOUNCEMENT: RATES ON HOLD

At its May meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. Today’s decision makes it 21 months in a row where the RBA has decided to leave the cash rate on hold. It is also the longest period without a cash rate rise […]

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April 3 2018 | GFG News

APRIL 2018 RBA RATE ANNOUNCEMENT: RATES ON HOLD

At its April meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. While the RBA decided to leave the official cash rate on hold for the 18th consecutive month, quite a few lenders raised their home loan interest rates last month – some by […]

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March 27 2018 | Financial Planning

Warning: You can’t contribute as much to Super this year

How much can you contribute to superannuation this year? Changes to the superannuation rules in effect for the 2017/18 financial year are designed to further limit the amount of money Australians can contribute to, and keep in, the tax advantaged superannuation system.  So, how much can you contribute this financial year?  Here’s a brief summary: […]

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March 27 2018 | Financial Planning

Financial Planning Newsletter – March 2018

  Welcome to the first Geelong Financial Group Fin Planning Newsletter! We will be sending through a mix of articles on a quartely basis designed to share our insights and experiences, we hope you enjoy reading them. In this edition we discuss the difference between Stepped and Level Insurance premiums, provide some insight into the […]

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March 27 2018 | GFG News

MARCH 2018 RBA RATE ANNOUNCEMENT: RATES ON HOLD

At its March meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. This is now the 17th consecutive month the RBA have opted to leave the cash rate steady. We can expect this trend to continue, with most analysts predicting no change to the […]

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February 6 2018 | GFG News

FEBRUARY 2018 RBA RATE ANNOUNCEMENT: RATES ON HOLD

At its first meeting for 2018, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 percent. What does this mean for interest rates? With the latest Australian Bureau of Statistics’ consumer price inflation report (CPI) coming in below expectations last week, few analysts think the economy will improve […]

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January 31 2018 | GFG News

DECEMBER 2017 RBA RATE ANNOUNCEMENT: RATES ON HOLD

At its final meeting for 2017, the Reserve Bank of Australia decided to keep the official cash rate unchanged at 1.5 per cent. The RBA next meets in February 2018. The good interest rate news for property owners and buyers looks set to continue into 2018. In its Statement on Monetary Policy released in mid-November, […]

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