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OCR slashed from 1.50% to 1.00%
There’s something mildly exciting about the Reserve Bank doing something unexpected. It’s like finding $5 in your jeans. I’m a borrower so I’m loving the prospect of lower rates but I’m also a realist and know that the reasons behind the OCR dropping are worrying. We should all be using this opportunity to pay back debt and build safety buffers into our lending.
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How to manage your property portfolio into retirement
Many baby boomer investors aren’t planning or thinking about how to manage their properties as they transition into retirement. Not so long ago, you could wing it a little. But new banking policy has made that difficult. If you don’t plan your retirement, you risk getting caught out.
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