Although “repairs and maintenance” is often used as an umbrella term for
anything that needs doing to a property, there are actually four quite
different categories involved. For any investor who’s serious about
maximising their return, all four types of expenses should be regularly
Borrowers seeking relief from
the uncertain economic climate and cost of living increases will be
disappointed the Reserve Bank of Australia (RBA) has resisted the chance to
lower official interest rates.
Media reports are suggesting that Market Bond Rates are on the way up. This means the cost of funds for Fixed rate loans to Banks could be increasing. (Remember, fixed rates don't move the same as variable rates)
If you are thinking of locking in your loans to a fixed rate, ACT NOW!!!!