GCPN News Updates

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Interest rate dropped to 2.5%

News 223
Posted at 01 August, 2013

The Reserve Bank of Australia has cut rates from 2.75% p.a. to 2.50% p.a. The Reserve Bank of Australia has confirmed they are dropping the interest rate to 2.50% p.a., bringing an end to the three month hold at 2.75% p.a.......

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5 moratorium on tax changes to Australia's $1.5 trillion super

News 222
Posted at 01 August, 2013

CHRIS Bowen has declared there will be a five-year moratorium on any new tax changes to Australia's $1.5 trillion superannuation industry but made it clear that a controversial tax on pension earnings above $100,000 a year was intended to go ahead.......

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Australian Housing demand rising the fastest in 3 years thanks to population growth

News 221
Posted at 01 July, 2013

Australian Housing demand rising the fastest in 3 years thanks to population growth The annual population growth in Australia increased to 1.75% over the December 2012 quarter on the back of higher migration rates and a record number of births.......

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Treasury forecast Australia's population at 36 million by 2050

News 220
Posted at 01 July, 2013

Treasury forecast Australia's population at 36 million by 2050 That means Australia needs to build around 200,000 homes a year, but the annual rate of home construction is now just 150,000 The official cash rate set by the Reserve Bank is at the historic ......

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Australia the world's happiest nation

News 219
Posted at 01 June, 2013

Australia the world's happiest nation According to the Organisation for Economic Co-operation and Development (OECD) Australia is the world's happiest nation based on a criteria including income, jobs, housing and health.......

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Australian Dollar decrease is mostly good news

News 218
Posted at 01 June, 2013

Australian Dollar decrease is mostly good news The decrease in the Australian dollar has been welcomed as it sits below parity and many companies across numerous sectors are already calculating what it could be worth to them.......

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Banks SMSF deposits increased by 40% to almost $120 Billion

News 217
Posted at 01 May, 2013

Banks SMSF deposits increased by 40% to almost $120 Billion People who manage their own retirement savings are an important source of funding for banks as they have increased their bank deposits by 40% to almost $120 billion in the past four years.......

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Benefits and Advantages in Brand New Properties

News 215
Posted at 01 May, 2013

Benefits and Advantages in Brand New Investment Houses Realised The Australian Tax Office (ATO) recently released the taxation statistics for the 2010/11 financial year.......

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RBA April meeting

News 216
Posted at 01 April, 2013

RBA April meeting Australia's new housing investment properties positive signs At their April meeting, The Reserve Bank of Australia (RBA) has noted that Australia's New Housing market has continued to improve with increases again over March, to be 4 per ......

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Buying property over the internet

News 214
Posted at 01 April, 2013

Buying property over the internet is becoming much Faster and Easier The industrial revolution of the 19th Century took us from horse and cart to automobiles, but the IT revolution of the last 30 years has been every bit as significant.......

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