Archive for October, 2014

Our Backyard

General – Market Roundup. The big news of the week has been the Reserve Bank and their decision to keep interest rates at 2.5% for the 14th consecutive month, being the longest rate hold in more than 10 years. In a statement, RBA Governor Glenn Stevens said the Bank expected growth to be a little below trend for the next several quarters. Furthermore Westpac Chief Economist Bill Evans has made … Continue Reading »

Our Backyard

General – Market Round up’.

Over the past months I have been busy analyzing the Lorne property market statistically as I do each year at this time and there is one thing glaringly obvious to me – “Lorne has never represented better value than it does today”.  Over the past decade we may have suffered from a “stigma” of opinion and attitude to things like the Erskine House redevelopment , the … Continue Reading »