Sasama Finance

The official cash rate was left steady at 6.50%pa when the Reserve Bank of Australia (RBA) board met Tuesday for it's monthly meeting.  While this comes as good news for home owners the relief may be short lived as analysts predict more rate rises.

There is no doubt about it, many of Australia's capital cities are in the middle of a housing affordability crisis.  If you compare the average family income to the median house value you will see that in Brisbane City real estate has increased 2.5 times since 1997 while the average Australian income has only increased 1.3 times.  With housing affordability at dangerously low levels but a strong Australian dollar, we take a look at some offshore real estate options.

With five consecutive interest rate increases by the Reserve Bank of Australia since the 2004 federal election a very common question on mortgage owners minds is have we reached the top of the cycle?  With inflation still at the top of the reserve banks comfort zone and the economy still strong some analysts are saying further interest rate increases are likely. 

At Sasama Finance we pride ourselves on our ability to take something that is often complicated and make it very, very simple.  This is what we have been doing with finance and mortgages for years and is one of the main reasons clients choose us.  Now we are bringing you an online legal shop, your legal resource centre providing online formation of companies, structuring of trusts and self managed super funds as well as LawPacks, simple do it yourself legal kits written by experienced practicing Australian lawyers.