• Posted on : 10 Feb 2020

Welcome to this month’s edition of the Dot Monthly and the first for 2020!

This blog is a little special. I am extremely proud to announce I have been nominated as 1 of the top 25 emerging brokers by the leading publication – Mortgage Professional Australia. As part of the nomination, I have been featured on the cover of the January issue (Cover shown above).
This proud accolade is a great testament to the way the business has progressed over the last 20 months. As I reflect over this period, I’d like to take this opportunity to thank you for your business and the ability to manage your financial affairs. It has been a pleasure and I look forward to building on our relationship well into the future.
If you’re interested in reading more about the nomination, the interview with Mortgage professional Australia is the link below –

Housing Confidence Keeps Rates on Hold

Ongoing confidence in the housing market and falling unemployment are the likely reasons behind the Reserve Bank’s decision to leave the official cash rate on hold this week.

The nation’s improving unemployment – which fell to 5.1% in December – was a catalyst for the RBA to defer a rate cut. The CPI also rose 1.8% in 2019, which was better than expected.

The latest Westpac-Melbourne Institute Index of Consumer Sentiment revealed that consumer confidence fell over January due in part to the devastating bushfires.

The low level of confidence is consistent with generally lacklustre reports on consumer spending, but, pleasingly, the Index points to ongoing confidence in the housing market. At its December Board meeting, the RBA Board said it was prepared to ease monetary policy further, suggesting a cash rate cut is only a matter of time.


What has Dot been up to for the month?

Don’t forget to read up on the 15 year itch which is an E book I’ve authored to equip you with strategies to pay off your mortgage in under 15 years. The e book is available on the website or you can get in touch via email to request a complimentary copy.

As always, we hope you enjoyed reading the blog and should you have any questions, please feel free to email or you can call us on 1300 000 DOT (368).

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