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Spring has sprung! MoneyQuest’s September cash rate message

By Ellen Mathews
In Home Loans

September is here and spring has finally sprung. There is no denying that many Australians are doing it tough at the moment, so hopefully spring will bring with it a renewed sense of hope. The weather is getting warmer, fresh flowers are blooming, footy finals are here, it’s all happening! So why not use this time to start afresh and focus on your finances?

Spring is also a time of change but one thing that hasn’t changed is the cash rate. We learned today that the Reserve Bank of Australia is keeping the cash rate on hold at 0.1%, which is yet another reason to review your finance options, as interest rates are still at record lows.

The COVID-19 pandemic has prompted many people to think about the importance of future-proofing their finances, and the younger generation in particular are eager to increase their financial knowledge. This is where MoneyQuest mortgage brokers can help. Our experienced and knowledgeable network of finance specialists can simplify the jargon for you, assess your borrowing capacity, and help you to achieve your finance goals sooner.

So spring towards those finance goals and call your local MoneyQuest mortgage broker today.

Disclaimer:

This article is written to provide a summary and general overview of the subject matter covered for your information only. Every effort has been made to ensure the information in the article is current, accurate and reliable. This article has been prepared without taking into account your objectives, personal circumstances, financial situation or needs. You should consider whether it is appropriate for your circumstances. You should seek your own independent legal, financial and taxation advice before acting or relying on any of the content contained in the articles and review any relevant Product Disclosure Statement (PDS), Terms and Conditions (T&C) or Financial Services Guide (FSG).

Please consult your financial advisor, solicitor or accountant before acting on information contained in this publication.

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