Case study: don’t let the small stuff derail settlement | Glenavon Finance

Glenavon Finance

Commonwealth Bank made $4.6 billion in six months

The major banks seem to keep increasing and increasing profits. What other business enjoys that luxury? We definitely need strong banks but there is a need for healthier competition.

Macarthur Chronicle

Do you need a finance broker or a financial planner? | Glenavon Finance

Glenavon Finance

The Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold at 2.0 per cent today during its first meeting for 2016. This decision was widely expected by analysts, following positive news about our economy. Improvements in employment figures, retail spending and business confidence, combined with an Aussie dollar at more acceptable levels, have relieved pressure on the RBA to lower interest rates in the first quarter of this year. The RBA last cut rates in February and May last year, bringing the official cash rate to an all-time low. While further rate cuts have been predicted for 2016, it looks as though these are now unlikely to occur until mid-year. Despite the official cash rate being on hold, lenders have been making adjustments to home loan interest rates over recent months. If you already have a home loan, we recommend you get in touch to ensure you're still getting the best rate available for you. If you're in the market to purchase a property in 2016, then now is a great time to talk to us about your plans so please give us a call today.

Melbourne overtakes Sydney as strongest housing market

MayTek IT Solutions

Guaranteeing Your Child’s Loan | Glenavon Finance

Guaranteeing Your Child’s Loan | Glenavon Finance

Inflation rises more than expected but stays below Reserve Bank target

Interest Rates look they may be on hold for sometime as long as inflation is under control. Something to bear in mind if you are thinking about fixing your mortgage.