It’s probably a sign of how stable our economy is that we wait for the slightest change in wording when the Reserve Bank decides on the cash rate. Last Tuesday the RBA board met and decided to keep the official interest rate at 2.5 per cent – not only a historically low rate compared with the 5.2 per cent average since 1990, but also a rate that’s been kept the same since August 2013.
Read MoreIf you are buying your First Home, you may be eligible for concessions or exemptions from transfer duty on your new home.
Read MoreIf you are buying your First Home, you may be eligible to receive a $15,000 First Home Owner Grant to help you with the purchase.
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