About Luke Harris

With a passion for property from a very young age, at age 20 Luke started buying houses, apartments, subdivisions — he even performed multiple renovations, and small developments. After selling his business at age 30, Luke became a full-time wealth creation mentor, drawing on his experience and multi-million dollar portfolio to empower hundreds of people through their own investment journeys.

June RBA Meeting

It should come as no surprise that the RBA has again decided at today’s board meeting to leave the cash rate unchanged at 1.5%. I feel a bit like a broken record, as for the last few months we have been saying that the economic environment we find ourselves in is more heavily weighted to the downside, not the [...]

By | 2017-11-26T02:51:04+00:00 June 6th, 2017|Property Investment|Comments Off on June RBA Meeting

RBA Monetary Policy Decision: 4 April 2017

Unsurprisingly, the Board of the RBA has decided to leave the cash rate unchanged at 1.50%. As we have said since late last year, we don’t expect conditions in Australia, or globally, to push the RBA off the fence anytime soon. Unfortunately, in Australia, rising property prices in Sydney and Melbourne, fueled in large part by [...]

By | 2017-11-26T02:51:35+00:00 April 4th, 2017|In the news, Property Investment|Comments Off on RBA Monetary Policy Decision: 4 April 2017

RBA Rates Announcement – and What This Means for Property in 2017

Well, it looks like for once we are in the majority. The RBA has held its first meeting for 2017. As we accurately forecasted — as well as 100% of the economists from the website finder.com.au’s RBA survey (32/32) and 85.94% of the 300 brokers surveyed by online mortgage platform HashChing — the RBA has [...]

By | 2017-11-26T02:51:42+00:00 February 7th, 2017|Property Investment|Comments Off on RBA Rates Announcement – and What This Means for Property in 2017