Australia’s inflation remains steady, with annual growth at 2.4% in April. Underlying inflation, which is the Reserve Bank’s key indicator also sits comfortably within the 2–3% target range, coming in at 2.8%. In response, the RBA reduced the cash rate by 0.25% in May, bringing it down to 3.85%. This marks the second cut this year, providing relief to mortgage
Meet Our June CSP Grant Recipient We’re proud to announce Box Hill City Band as the recipient of our June Community Support Grant. This talented group of young musicians, Box Hill Academy Brass, has won the Australian National Band Championships two years in a row and is now preparing to represent Australia at the prestigious New Zealand Brass Band Championships
Meet Our May CSP Grant Recipient Since launching the Noel Jones Community Support Program, we’ve proudly contributed over $45,000 across 30 grants to local groups and initiatives. From schools and sports clubs to charities and community organisations, these grants have helped support education, health, and social impact programs throughout our neighbourhoods. Our May 2025 grant has been awarded to Chirnside
With the federal election now settled, attention is turning to how the Albanese Government’s second term will influence Australia’s housing market. A series of major housing reforms are already underway, aimed at boosting accessibility and easing affordability pressures. Labor’s expanded 5% deposit scheme is a significant move, removing income caps for first-home buyers and widening the pool of eligible applicants.
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