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The central bank kept the cash rate on hold for a third straight meeting on Tuesday at 4.35 per cent, as it awaits more evidence that a sharp downturn in inflation will continue. But unlike previous statements, the board made no explicit mention of the possibility of an additional increase in interest rates, suggesting its aggressive run of 13 rate increases may have ended. “The path of interest rates that will best ensure that inflation returns to target in a reasonable time frame remains uncertain and the board is not ruling anything in or out,” the statement read. The statements following previous meetings have been more direct, stating: “A further increase in interest rates cannot be ruled out.” Hopefully we get some relief soon.
I was lucky enough to attend Geelong’s opening round match on Saturday night and witness the opening of the Joel Selwood stand in person and see what an amazing stadium we now have on our doorstep, it really is another of the many jewel’s in Geelong’s crown.
To add a little extra excitement to the opening of the stand is the news that my favourite restaurant Chin Chin will be opening inside the stadium from late April, if you haven’t been before do yourself a favour when it opens, you won’t be disappointed. I say it regularly, but we are lucky to live in Geelong
The team and I look forward to seeing you this weekend.
John Moran
Director
62 Georges Road, Corio - Office / Showroom / Warehouse, total floor area 365m2 offering flexibility. Zoned Commercial 1, land size 646m2.
43 Clarke Street, Newtown - Architecturally designed, this home offers four bedrooms including master bedroom with walk-in robe and ensuite, large family bathroom and laundry and second living room, great for the kids play room. The hub of the home is the spacious open plan area that looks directly out into the large yard of approx.704m2, and a luxurious solar heated pool and spa.
130 Elizabeth Street, Geelong West - This gorgeous Californian Bungalow offers a 3 bedroom, 2 bathroom family home. Timeless in appeal, this classic weatherboard home offers a stylish renovation with undercover off- street parking and a bonus separate bungalow perfect for a multitude of options including home office, play-room or studio.
27 Swanbourne Avenue, Highton - This modern build boasts a large family sized home that offers room for everyone and a quality build. Four large bedrooms (two with ensuites), office, three living zones and a triple car garage.
5 Hilltop Street, Herne Hill - Arguably the best street in Herne Hill, this brick three bedroom home on 622sqm (approx.) is an ideal opportunity to get a foothold in a great suburb or a canvas to create your dream family home.
27 Carbine Drive, St Albans Park - In a suburb growing in popularity, this brick three bedroom, two bathroom home sitting on 577sqm (approx.) makes for the ideal first home or investment property.
20 Stubbs Avenue, North Geelong – An adorable 3 bedroom Californian Bungalow in a location that is more convenient than it gets credit for, walking distance to all amenities including North Geelong train station as well as the Geelong waterfront. Updated throughout while maintaining many of its character features, this is an opportunity not to be missed.
114 Sunset Strip, Jan Juc - Just under 1 acre of privacy this brick home comprises 4 bedrooms, the main with ensuite and dressing room, multiple living areas including open plan kitchen, dining and family room.
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