Nova Avakian - Commercial Finance Broker

07/06/2022

BREAKING NEWS 📈- The Reserve Bank has delivered a jumbo 0.5 percentage point increase in the cash rate to 0.85 per cent, declaring its commitment to regain control of inflation which economists now expect will push towards 7 per cent later this year.

30/03/2020

Hi Everyone. During these unprecedented times we are all looking to see how we can assist each other.
As a commercial broker I am making it a priority to assist as many businesses as possible.

The big banks have come out in support of small business (lets face it, small businesses are their bread and butter and need them survive), with some great loan packages.

If any businesses are out there that need advice on how to get through this period or if anyone on my page know of any businesses that need assistance/free advice please pass on my details or PM me directly.

Stay safe and lets get through this together.

Nova Avakian
0409 543 121

02/07/2019

**BREAKING NEWS**
The RBA has decided to reduce the official cash rate second time in a row to a new record low 1.00%. 😲
This is part of an aggressive strategy by the RBA to try and spark wage and GDP growth.

04/06/2019

**BREAKING NEWS**
The RBA has decided to reduce the official cash rate to 1.25% as it tries to stimulate household spending and the economy.
This is the first rate move since August 2016

01/06/2017

Awesome news for first home buyers!

First home buyers of existing and new properties costing up to $650,000 will be exempt from paying stamp duty under reforms announced by Premier Gladys Berejiklian to improve housing affordability in NSW.

Get in touch if you would like more information 0409 543 121
[email protected]

First home buyers of existing and new property up to $650,000 will be exempt from paying stamp duty and receive stamp duty concessions for properties worth up to $850,000 under reforms announced by Premier Gladys Berejiklian to improve housing affordability in NSW.

03/05/2016

***ALERT***

Today, as the end of the financial year draws closer, the Reserve Bank of Australia has announced the outcome of its board meeting and it has decreased the cash rate by 25 basis points.

The official cash rate is now 1.75%.

In taking this decision it appears the Reserve Bank has reacted to concerns around the relative strength of the Australian Dollar and the impact this is having on exporters and tourism, talk of a slowing housing market and new data showing inflation has dropped below their target range of 2.5 - 3%.

Therefore a fresh round of competition is likely to be sparked amongst lenders so it is a great time for us to review current finance arrangements.

[email protected]
0409 543 121

10/04/2016

01/12/2015

**ALERT** The final rate alert announcement for 2015 has just been announced and we have the news for you hot off the press.

The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%.

This approach was predicted by many financial commentators as the Reserve Bank continues to assess the impact of lower than expected CPI numbers, continued signs the housing market is cooling in Sydney and Melbourne and moves by the major banks and other lenders to increase their interest rates.

Even though the cash rate has remained unchanged, lenders are making regular changes to lending rates so it's still wise for us to talk if we haven't spoken in a while to ensure you're still in the right finance solution.

11/11/2015

This is slowly becoming a reality!