Monthly Archives: May 2013

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting on 7th May 2013, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. The global economy is likely to record growth a little below trend this year, before picking up next year. Among the major regions, the United States continues on…Read More→

Tags: , , , , , , , , ,

How are the global markets affecting us?

Much has been occurring in global markets, that are likely to have flow-on affects for Australia. U.S. consumer confidence approached a five-year high as the biggest part of the economy benefits from improving job and housing markets adding to signs of a sustained recovery of the world’s largest economy. Some data below (as provided by…Read More→

Tags: ,

Why are investors returning to the housing market?

Post Image

Source: RPData Weekly rents have increased by 3.5% over the past year while value growth has been moderate and there has been virtually no change to yields yet investor activity in the housing market is ramping up , this week we examine why this is occurring. Rental growth over the past 12 months across the…Read More→

Tags: , , , , , ,

Property & Government Incentives Seminar

Are you looking to secure your financial future through more than just superannuation? Are you a property investor or looking to start building a property portfolio? Do you want expert knowledge on how to take advantage of limited time government incentives to boost your wealth creation strategies? Learn the benefits of using property as a…Read More→

Tags: , , , , ,

How can equipment finance increase your cash flow?

Post Image

If you purchase equipment whether its overseas, and now in Australia, we can finance you as long as the finance is done within the 3 months of your purchase invoice date. For example if you purchased a Tractor for $40k in the last 3 months, we can give you the $40k that you spent right…Read More→

Tags: , , , ,

RBA surprise rate drop to 2.75%

Post Image

Logic Wealth Group would like to advise the latest cash rate percentage from the Reserve Bank as at the 7th  of May 2013 has been dropped to 2.75%. The rising unemployment rate and slow home loan growth has forced the Reserve Bank to cut the official cash rate. At its board meeting earlier today, the RBA decided it…Read More→