- The RBA kept?rates on?hold at 4.1% yesterday which?saw the S&P ASX-200 climb .54% to?7,450.?
- Today our?market?is down after "Fitch downgraded the US sovereign debt rating to AA+ from AAA on an "erosion of governance",?because of “the repeated debt-limit political standoffs and last minute resolutions”".?(The Australian)?
- It wasn't great news for the Aussie dollar which fell to?US .66 (down 1.54%).
- The Bureau of Statistics has reported a 20% annual slump in new home loans?for both owner occupiers and investors showing the market for mortgages remains weak and that borrowers are doing it tough.
- Perth's median house price rose to a new high of $560,000 in July, up 0.9%?higher than in June and 4.7% higher than a year ago. The previous peak was $545,000 set in 2014.?
- Now is the day to call me for the perfect plan to get you sold in Spring.