|
Call us (9.00am to 5.30pm) 02 9633 4233 |
|
Drop us a line [email protected] |
It’s been a horror year for property owners but there’s a massive change on the horizon, with prices possibly set to skyrocket. Australia’s housing market could rise by up to a whopping nine per cent in the coming year. Sydney will lead the recovery and the NSW capital will ex...
Read More
Are signs pointing towards a housing market recovery? Rapidly rising interest rates and gloomy predictions of sharp property price falls from some have sparked widespread uncertainty in housing markets this year, but there are signs that the fear is fading. Experts say months of talk about the ...
Read More
Overseas migration has increased rental demand for homes. With Covid border closures now a distant memory, Australia has just seen its largest annual population growth since June 2020 – and housing markets aren't prepared for the influx. With the rental market already struggling from supp...
Read More
Reserve Bank head of domestic markets Jonathan Kearns says higher interest rates have reduced the maximum amount prospective buyers can borrow. The size of mortgages potential property buyers can take on has been cut by a fifth due to aggressive increases in official interest rates, the Reserve ...
Read More
Another interest rate hike is all but locked in, but the Reserve Bank of Australia has not ruled out a slower pace of tightening. RBA governor Philip Lowe said the 2.35 per cent cash rate was "still on the low side" but suggested between 2.5 and 3.5 per cent as a "neutral" cash rate range. "We'...
Read More
Meriton Managing Director Harry Triguboff has slammed the Reserve Bank for interest rate rises, which he labelled “idiotic”. In a speech at a luncheon hosted by the Australia-Israeli Chamber of Commerce at Dalton House, Hyde Park in Sydney on Wednesday, the 89-year old billionaire an...
Read More
On Tuesday the Reserve Bank increased interest rates for the first time in 11 years and rates are expected to increase sharply over the rest of 2022. We have already seen a slowdown in home price growth sparked by buyer expectations of rate rises. But what will higher rates mean for the housing ...
Read More
The RBA has increased interest rates by 25 basis points to 0.35 per cent. The Reserve Bank of Australia (RBA) has increased the nation's official cash rate for the first time in more than 11 years, and three of the nation's big four banks have already passed the rate rise onto customers. Today ...
Read More
Product caters for borrowers with clear credit history A new mortgage product is capitalising on growth in the near prime lending category. Launched by non-bank lender Pepper Money on Monday, Near Prime Clear caters for borrowers with a generally clean credit history and is in response to deman...
Read More
Perth's rental market is becoming increasingly expensive as low vacancy rates bite. Australia's rental markets are becoming increasingly expensive again, as vacancy rates fall across the country. Perth tenants are now paying 12% more than they were 12 months ago, while Darwin houses cost almost...
Read More
Demand for mortgages is starting to rise reveals the latest Australian Bureau of Statistics figures. Up to $26.5 billion worth of housing finance commitments were made in July this year, marking the second consecutive month of increases. ABS chief economist Bruce Hockman said growth in new lend...
Read MoreOverview 3 October 2020: The Australian Government has announced an additional 10,000 First Home Loan Deposit Scheme places will be provided from 6 October 2020 to support the purchase of a new home or a newly built home. More information will be available on the NHFIC website from Tuesday 6 Oct...
Read More
The Reserve Bank says with interest rates to remain lower for longer, all levels of government can borrow for job-creating projects. The Reserve Bank could push interest rates closer to zero to help the economy out of the coronavirus recession as it presses all levels of government to use their ...
Read MoreA new front in the home loan interest rate war has broken out, with variable interest rates falling below 2 per cent for the first time. A smaller lender is offering a variable-rate home loan of 1.99 per cent and more lenders are expected to follow suit, as competition for new mortgages intensif...
Read More
with global stock markets swinging wildly from one extreme to the other as the coronavirus Covid-19 continues to spread, investors are feeling cold feet. But according to property experts, the tough economic climate could actually be viewed as a lucrative opportunity. “In times of economi...
Read More
Our nation’s capital might have a reputation for its umpteen roundabouts and bland politicians, but Canberra is shaping up to be a rare real estate beast that is proving profitable both in the long and short term. “It can be very attractive for investors who are looking at capital gr...
Read More
Oscar Ledlin went from washing dishes in a Thai restaurant at the age of 14, to pushing barrows of concrete at 18, to building a multimillion-dollar commercial construction company by 21. “I wanted to have a $50 million development portfolio before retirement,” he told the Heral...
Read MoreThe Reserve Bank of Australia has cut official interest rates by a quarter of a percentage point to a fresh record low of 0.5 per cent as it attempts to protect the Australian economy from the financial fallout of the coronavirus outbreak. Westpac was the first of the major banks to react to the...
Read MoreHousehold lending has increased over the last quarter Interest rates are helping first home buyers to get into the market. The HIA said figures released by the Australia Bureau of Statistics this wee...
Read MoreThe Reserve Bank of Australia (RBA) cut the official cash rate on Tuesday to 0.75%, and gave its strongest indication now that it might go to 0%. Australia is headed out to the economic unknown for the first time. (Photo by Paul Kane, Getty Images) The Reserve Bank of Australia (RBA) cut the ...
Read MoreReserve Bank governor Philip Lowe has signalled further cuts to interest rates as early as next week to keep ahead of tumbling global rates while urging the nation's businesses to use the abundance of cheap money to expand and hire more staff. Reserve Bank governor Philip Lowe has signalled fu...
Read MoreThe Reserve Bank has cut the official cash rate for the second month in a row to a fresh record low of 1 per cent as it desperately tries to pump some juice into Australia’s stalling economy. The Reserve Bank has cut the official cash rate for the second month in a row to a fresh recor...
Read MoreANZ Banking Group is loosening some of the clamps it put on interest-only mortgage lending in 2017, after pledging to reopen the door to property investors following a period of excessive caution. The big four lenders on Thursday said it would again start offering customers an interest-only peri...
Read More
Want to be financially independent?
Fill in your contact details and we’ll email you a complimentary copy of our guide on Creating a profitable investment property portfolio.