Wednesday, 22 August 2012

New-look property website activated

An exciting step for Active Property today with the official launch of the ACT real estate sales and property management business’ new website.

Locally owned and operated, Active Property has been a force in Canberra's real estate market for the past seven years.

As a member of the HomeACT group, clients have the option of fulfilling all of their finance and real estate needs in the one place, including conveyancing and removalist services.

Boldly displaying the company’s red, white and black theme, the new site features everything people need to know about buying and selling a home, Active’s property management service, as well as a news and media hub and this blog.

Keep an eye on it for regular updates regarding the local housing market and property news.

Thursday, 16 August 2012

Rates on hold as inflation remains steady

The Reserve Bank of Australia has maintained the official cash rate at 3.5 per cent as the rate reductions of May and June continue to offset the increasing costs of living.

The official Inflation rate is currently sitting at 1.2 per cent, well below the RBA’s target range of two to three per cent.

The cost of living has remained fairly steady with reductions in interest rates covering increases in goods and services on the back of the introduction of the carbon tax on July 1.

The situation will give the RBA scope for further cuts in the future, although by how much and when will depend largely on the economic positions of China, Europe and the US.

For the RBA’s full rates decision visit