The RBA has today changed the official cash rate for the first time since August 2013, dropping 25 basis points to 2.25%.
This has come as a surprise to many economists and commentators who predicted the cash rate to remain unchanged, however many of the banks predicted a rate fall was imminent in early 2015.
This announcement comes as good news for investors with positive impacts upon capital growth and income return making property an attractive investment option.
You can read more about the cash rate announcement here.
If you would like further information regarding the announcement and what this means for investors in more detail, please contact us.
We would be more than happy to walk you through the many benefits of investing in property to grow your overall wealth and form a strategic plan to start or build upon your existing portfolio.