Our Backyard – Apollo Bay

Good afternoon from Apollo Bay

The Reserve Bank of Australia announced on Tuesday that the official cash rate was to be left unchanged at a record low 2.25% following last month’s 0.25% reduction.

Economists and commentators were fairly evenly split about whether the Reserve Bank board would cut the rate or leave it on hold.

In a survey by comparison website finder.com.au, 16 of the 37 people surveyed expected a cut while the other 21 expected no change in rates.  Most experts felt the board would be reluctant to give more of a boost to the housing market and would want more time to assess the effects of last month’s rate cut.

The long weekend brings us the following Open for Inspections

Saturday 7th March 2015

12.30pm – 1.15pm 24 Nelson Street

1.45pm – 2.30pm 16B Noel Street

Sunday 8th March 2015

12.30pm – 1.15pm 24 Nelson Street

1.45pm – 2.30pm 16B Noel Street

Have a great weekend!

Darren1-300x200

Darren Brimacombe

0418 317 424

darren@greatoceanroadrealestate.com.au

https://www.facebook.com/apollobayrealestate

https://twitter.com/apollobayhomes

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