Soaring new inflation figures this week were higher than expected, with consumer prices rising at a rate not seen since the GST came in, meaning an interest rate rise could come as soon as May.
It wasn’t long ago that the Reserve Bank were forecasting interest rates to stay put until 2024, but rapidly rising inflation has them on the verge of pulling the trigger within months.
The commercial property market is buoyant as it learns to adapt to new trends caused by the COVID-19 pandemic.
Have you ever considered investing in commercial property rather than housing? Do you need some office or warehouse space for your own business?
Australia’s two biggest cities, Melbourne and Sydney, have been long time powerhouses of the nation’s property market but are starting to lag behind.
NAB chief executive Ross McEwan says higher interest rates are already here but customers who are ahead on payments will be able to absorb.
Demand for small business lending is on the up as businesses emerge from the pandemic feeling resilient, confident and with big plans for 2022.
Property investors from Melbourne have been having a good look at Tasmania over recent months, but it’s also a boom in demand from locals that are pushing their median house price sky-high.
The property market in Australia is defying the naysayers and continues to kick early in 2022.
Higher than expected inflation figures have economists scrambling to adjust their forecasts of the next Reserve Bank interest rate rise.
