MaddVice Newsletter

February 2024 Edition

Welcome From George Samios

Welcome to the February edition of MADDvice. This month, to be honest, has flown by for me. I wonder if you are feeling the same?

As you would have seen, the RBA kept the cash rate unchanged this month, which is good news for all of us mortgage holders. This is due to inflation now sitting at 4.1%. The last time it was this low was in Q4 2021. The peak was 7.8%, which was only in December 2022, meaning we’ve seen a drop of 3.7%—exactly what the government wants to see.

What I’m seeing on the ground here in Brisbane is that we are definitely in a different economy. The demand for property is massive, with our business writing record volumes every week. We are having to expand our staff to keep up with the demand and ensure we maintain our “Madd Experience Promise.” This is a great problem to have but not so easy to navigate. On that note, if you’re interested in joining our team, reach out. We’d love to have more positive people join our Madd Family.

We exhibited at the Brisbane Home Show this month, marking the 13th year in a row we’ve been a part of it. This time, I was proudly asked to speak at the show and it was a success. There are some photos of us at the Home Show and me presenting “Money Matters – The Path to Financial Freedom” featured. If you are interested in having me talk at your workplace via our “Lunch & Learn” initiative, please reach out. We are on a mission to help educate as many people as we can, for free.

Thank you for reading and if you ever want to reach out to me or ask me any question, please do so. I thank you for being a Madd customer and referring your friends and family. It truly inspires me to help more Aussies.

George Samios.

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