August 15, 2019
APRA has closed the deal on lending serviceability floor changes
The nation’s financial regulator has moved forward with its plans to scrap the 7 per cent floor for mortgage serviceability assessments.
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August 9, 2019
The Reserve Bank has decided against a third rate cut in a row
The Reserve Bank has decided against cutting rates for the third month in a row and has left them at their record-low of 1 per cent.
August 7, 2019
Negative gearing concessions on vacant land have been scaled back
The Federal Government has introduced legislation to Parliament – backdated to July 1 – that cuts back negative gearing concessions on vacant land.
August 2, 2019
US Fed cuts rates for the first time since the GFC
The US Fed has cut rates for the first time since the Global Financial Crisis and it has put pressure on the Reserve Bank here at home to lower its official cash rate again in the coming months.
July 31, 2019
RBA rate cut moves hinge on inflation figures
Economists say it’s well and truly possible that the Reserve Bank could cut interest rates twice more in the next year.
July 26, 2019
First median house price rise for Melbourne in 18 months
Melbourne’s median house price has risen for the first time in 18 months, reflecting growing sentiment that the market downturn is over.
July 24, 2019
Property price rebound on the cards as auction clearance rate figures improve
Improving auction clearance rates in Melbourne suggest house prices will rebound over the next 12 months but leading economist Shane Oliver says any upswing in prices could remain fairly constrained.
July 18, 2019
Proportion of Aussie renters up to around one-third
The proportion of Aussie households that are renting has risen to nearly one-third in 2017-18.
July 16, 2019
Brisbane looks set to lead Australia’s house price rises for the next three years
A lot of Melbournians start thinking about the warmer air in Brisbane this time of year and investors might also want to start thinking about property there.
July 12, 2019
The worst of the property downturn could be over
The property downturn worst could be over as the Melbourne and Sydney property markets look to have stabilised.