Huge savings to celebrate Active Property team expansion

Canberra real estate agency Active Property is proud to welcome Adrian Murray and Anne Lynch to its successful sales team.

To celebrate their arrival Active Property is pleased to announce the introduction of a special $6990 fixed price commission to sell your property in the ACT, for a limited time.

This price includes all marketing, including professional photographs of your property and exposure on our website and allhomes.com.au, as well as GST.

Adrian Murray is Active Property’s registered salesperson for the North Canberra region. Fifteen years’ experience as a carpenter in the local building industry and  time spent managing properties for a prominent community housing organisation have provided the springboard into a career in real estate.

Anne Lynch is a registered salesperson with 30 years’ experience in the local finance and housing sector. Anne joins the team as Active Property’s open home specialist.

With the added benefit of having our sister companies, The Home Loan Centre and Conveyancing Canberra located in the same office, we have the ability to manage your entire real estate transaction, ensuring it’s as smooth as possible.

If you would like a realistic and honest appraisal of your property please contact us on

(02) 6214 8555.

Cash rate steady

It’s official – the Reserve Bank of Australia has kept the cash rate steady at three per cent at its monthly board meeting today.

The decision was widely expected by economists who now seem split over the possibility of a further cut this year. Some are even predicting the RBA could begin to lift interest rates as early as October.

The mixed signals follow signs monetary policy is gaining traction. Consumer sentiment and the housing market are improving in large part due to low interest rates, while locally real estate agents are reporting stronger levels of enquiry.

The TD Securities Melbourne Institute monthly inflation Gauge increased by just 0.2 per cent in March, following a flat monthly result in February.  In the 12 months to March the inflation gauge increased by 2.1 per cent, the lowest annual inflation outcome in eight months.

Contributing to the overall change in March were price rises for alcohol and tobacco (seasonal), and clothing and footwear. These were offset by falls in fruit and vegetables, household appliances, and audio, visual and computing equipment.

According to Annette Beacher, Head of Asia-Pacific Research at TD Securities, “We expect next month’s RBA Board meeting to be a benign event. We are of the view that the cash rate should remain at three per cent, with the Bank’s clear easing bias remaining on the table.”

The official RBA statement can be found at http://www.rba.gov.au/media-releases/2013/mr-13-06.html