Move Ahead Finance

04/05/2026

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04/05/2026

Keystart has launched its new Urban Connect Shared Equity scheme, to help make affordable home ownership a reality for more Western Australians. If you or your friends or relatives are looking to build your new home I can help you with the qualification process and arrange the loan for you

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Regards
Wally Stevens
Move Ahead Finance

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04/02/2026

As widely predicted, the Reserve Bank of Australia (RBA) has increased the cash rate by 0.25% at today's meeting. The current cash rate now sits at 3.85%.
This month’s decision reflects the RBA’s commitment to restoring price stability, with the latest data indicating:
Headline (annual) inflation has risen to 3.8% in the 12 months to December 2025 and remains above the RBA's 2%-3% target range.
Underlying (trimmed mean) inflation sits at 3.3%, the RBA's preferred underlying measure, helping highlight that broad-based inflation pressures remain.
The cash rate increase aims to ease ongoing price pressures and anchor inflation expectations, while allowing the RBA to carefully monitor how tighter financial conditions affect household spending.
Today's decision highlights the value of staying up to date with economic shifts and what they may mean for your finances.
Whether you're weighing up a home purchase, refinancing to improve your loan terms, or exploring an investment property, this could be the right moment to reassess your plans.

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12/12/2025

Merry Christmas and Happy New Year!
Here’s to a wonderful festive season spent with family and friends, and to a bright, prosperous 2026 ahead.

Wally Stevens
Move Ahead Finance

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12/08/2025

The Reserve Bank of Australia (RBA) has today reduced the official cash rate by 0.25 percentage points, a move widely anticipated by economists and market watchers. The current cash rate now sits at 3.60%.
This decision follows several key indicators pointing to a cooling economy and easing inflationary pressures for the June 2025 quarter:
Inflation: The RBA's preferred measures show trimmed mean inflation at 2.7% and headline CPI at 2.1%, both within the Bank's 2-3% target band.
Employment: Unemployment edged up to 4.3%, indicating a slightly softer labour market.
Together, these indicators suggest economic momentum is slowing, giving the RBA room to adjust policy in support of sustainable growth while keeping inflation within target.
Today's decision highlights the importance of staying up to date and understanding how these changes may affect your current loan, future borrowing plans, or investment opportunities.
If you'd like to discuss what today's decision means for your situation, don't hesitate to get in touch.

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20/05/2025

In welcome news for mortgage holders across the country, the Reserve Bank of Australia (RBA) has today decided to decrease the cash rate by 0.25% to 3.85%.
This move reflects the RBA's growing confidence that inflation is coming under control. Most notably, trimmed mean inflation for the March 2025 quarter came in at 2.9%, officially within the RBA's target range of 2-3%.
While the RBA is still cautious, this shift suggests a move toward easing monetary policy however there are still factors that the RBA will be watching closely, including:
• Global risks, such as Trump's tariff policies, which continue to cast a shadow on global growth, though recent easing of those tensions provides some relief.
• Locally, the RBA will be watching labour market strength, with unemployment steady at 4.1% and wage growth edging up to 3.4%, both factors could still contribute to inflation pressure in the medium term.
Whether you're considering refinancing your mortgage to secure better terms or exploring property investment opportunities, now could be an advantageous time to review your financial strategy.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

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10/12/2024

The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today's meeting.
The decision to keep the cash rate unchanged was widely expected at this meeting. Policymakers are likely taking into account the Consumer Price Index (CPI) sitting at 2.8%, which is within the target range. However, they are also observing the effects of recent government rebates on power bills and a reduction in the cost of fuel, both of which have influenced this figure downwards.
Forecasts from major banks and economists are predicting that a change to the cash rate is not likely the new year, with most expecting this could stretch to May 2025.
Today's decision underscores the importance of staying informed about economic developments and their potential impact on your finances.
Whether you're considering buying a new home, refinancing your mortgage to secure better terms or exploring property investment opportunities, now could be a good time to review your financial strategy

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18/06/2024

The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting.
This decision reflects the RBA's cautious approach and intention to monitor data amidst a backdrop of mixed economic indicators:
• Inflationary pressure continues with the March Consumer Price Index (CPI) coming in at 3.6%, which was higher than expected.
• Unemployment fell to 4% in May, reflecting continued strong labour markets.
• Gross Domestic Product (GDP), a measure of economic growth, rose by only 0.1% in the March quarter and 1.1% (seasonally adjusted) for the year. Outside of the COVID period, this is one of the lowest rates of growth recorded in the last 20 years.
The announcement to hold rates coincides with predictions from the big four banks that the RBA won't move to reduce rates in the near future, with the earliest estimate of a rate cut from that cohort being November 2024.
Today's decision underscores the importance of staying informed about economic developments and their potential impact on your finances.
Whether you're considering buying a new home, refinancing your mortgage to secure better terms or exploring avenues for property investment, now could be an advantageous time to review your financial strategy.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

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07/11/2023

Following four consecutive monthly pauses, The Reserve Bank of Australia (RBA) has raised the official cash rate by 0.25%. to 4.35%.
The decision to increase the cash rate follows the recent release of higher than anticipated September 2023 quarter inflation numbers.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

04/07/2023

The Reserve Bank of Australia (RBA) today announced the decision to hold the official cash rate at 4.10%.
The decision to keep the official cash rate at 4.10% follows a better-than-expected trend in inflation nationally in last month's CPI report.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.