Monthly Archives: February 2015


457 Visa Update

2019-04-05T02:57:10+00:00February 24th, 2015|

  Over 40% of 457 visa holders convert to permanent residency   A review of  Department of Immigration statistics 2008-2014 regarding the 457 visa program reveals some interesting trends: 1. Over the 7 year period  visa grants have run at approximately  90% of visa applications 2. The exception was 2014 when more visas were granted [...]

Impact of the Reserve Bank’s Rates Cut

2019-04-05T02:57:10+00:00February 16th, 2015|

Following the Reserve Bank decision last Tuesday to lower the Cash Rate by 0.25% to 2.25% we reflect on some implications for potential property purchasers. One consequence is to make it more advantageous to accelerate purchase decisions to get the benefit of lower interest rates in the early part of the loan life. The next move in [...]