A leading Australian economist has called for the Abbott government to put downward pressure on surging house prices by ending negative gearing for new investors.
News
When selling a property vendors are always looking for the best way to present it, the better it looks the more desirable it is and hopefully, the more people will be prepared to pay for it.
The RBA has given a warning that it believes property prices may fall due to an overheated market.
The Australian dollar has suddenly fallen to a seven-month low – and the RBA is no doubt cautiously happy about it.
Mortgage brokers have joined the view of economists that the RBA cash rate will remain at 2.5 per cent for the rest of the year.
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