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Whitord – Geelong Property News: Donald Trump this morning introduced 10% tariffs on all Australian imports. The Reserve Bank of Australia monetary policy board stands ready to cut interest rates if Donald Trump’s trade impacts the global economy. But the dilemma for the RBA right now is that its scenario analyses are pointing to diverging potential economic outcomes.
The overall impact on domestic inflation from Trump’s tariffs is highly uncertain. Adding to the confusion, the cross-currents on inflation could move in opposite directions in the short and long term as other countries – particularly China – respond and economies adjust. But the RBA board made clear on Tuesday it has its finger ready on the interest rate cut trigger should it need to act, with governor Michele Bullock flagging that might happen as early as the next meeting on May 20. Interesting times ahead….
John Moran
Director
32 Orr St, Manifold Heights - Situated on 643sqm (approx.) with north aspect and rear access into Douglass St, this character home is an amazing opportunity for any buyer wanting a roll up your sleeves project.
58-60 Christies Rd, Leopold - This level site of 2400m2 approximately has potential for a multi unit site , currently occupied by a comfortable home featuring renovated kitchen , 3 bedrooms, main with ensuite, study extensive shedding and in ground pool.
509/146 Bellerine St, Geelong - A bay view off the balcony and two car spaces are a rarity in the G1 complex and an absolute bonus for anyone considering a purchase here. The apartment itself featuring two bedrooms and two bathrooms.
Lovely Banks - Exceptional luxury combines with spectacular spaces to offer you this unique residence that is private, exclusive and quite simply breathtaking. Six bedrooms, four bathrooms, multiple living and entertaining zones, pool, jacuzzi, sauna, cinema room, tennis court and three car garage. This home has it all.
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