Interest Rates at Historic Lows
Today we are enjoying the lowest interest rates ever! Since the Reserve Banks inception in January 1960 the average RBA Cash rate has been over 8% with a peak of over 18%. There is widespread prediction of the rates dropping a further 0.25% next month to 2%. That’s lower than low!
There is no time like now to take advantage by making capital investments. Now is the time for a new play centre, water park or (of course) new villas.