I’ve got a diverse newsletter for you this month, covering home loans, interest rates, the property market and the car market

Spring selling season preview
How construction loans work
RBA gives rates guidance

If the past is anything to go by, we're likely to experience an increase in both buying and selling activity during the final quarter of the year.

Over the past decade, there have been 8.3% more sales in spring (compared to winter)

One of the key steps in building a new home is securing approval.

If you’re planning to build a home, the first thing you should do – before designing your home and submitting your plans for approval – is speak to a broker. That way, you’ll discover how much you’ll be able to borrow and what repayment terms to expect.

Reserve Bank of Australia (RBA) Governor Michele Bullock has said the RBA board was unlikely to reduce the cash rate for at least six months.

Governor Bullock said the market appeared to think rates would start falling in 2024, but that this was not realistic.

The board is trying to reduce inflation, which is currently at 3.8%, to its target range of 2-3%, and is unlikely to start reducing the cash rate until inflation has either fallen within the target range or shown signs that it is on track to do so.

Underlying inflation is forecast to return to the target range of 2-3% in late 2025 and approach the midpoint in 2026.