A recent article in the Australian Financial Review quotes JP Morgan as predicting the official cash rate to fall to 0.5% inside the next 12 months. Financial markets are already pricing in a 25 basis point reduction on Tuesday, and two more of the same prior to Christmas.
In the current investment climate, investors are having to maximise returns in a challenging low interest rate environment. For the second consecutive year, CFMG Capital sponsored the SMSF Trustee Empowerment Days in Melbourne, Sydney and the Gold Coast, where CFMG Capital General Manager Andrew Thomson spoke with hundreds of attendees about how property developers operate through various market cycles to continually generate positive returns.
Well another election has come and gone, and no matter what side of the fence you sit – you’re probably pretty glad its over so we can all get on with it!
Zoning rules, combined with under-utilised property in prime locations, housing affordability and the requirement to build at a higher density in sub prime locations away from existing infrastructure are creating sub optimal housing outcomes across multiple Australian cities.
During April, some important milestones were reached at CFMG Capital when we welcomed our 1,000th investor and even more impressive, we had one of our initial investors invest in their 10th project.