The federal election result appears to have given a boost of confidence to the housing market and to assist matters regulators are moving to ease up on their restrictive lending policies.
In the wake of the surprise federal election result the Reserve Bank has indicated a rate cut is likely next month and wants the Morrison Government to join in stimulating the national economy.
The Australian unemployment rate has crept up for the second month in a row and it’s pushing the Reserve Bank closer to an official interest rate cut.
The Coalition has a plan to help first-home buyers who are struggling to save a deposit by guaranteeing a large portion of their deposit and saving them from having to pay lenders’ mortgage insurance.
This month’s eagerly awaited RBA meeting has ended with the official cash rate remaining unchanged for a record 34thconsecutive month.
If you’re using builders to help renovate your property or put in extensions, it can be daunting to open quality communication with them.
Property sales in Australia have fallen further than the level during the Global Financial Crisis, putting downward pressure on prices across the country, led mainly by Melbourne and Sydney.
Despite dip in March, the national vacancy rate has been tipped by SQM Research to push the 3 per cent threshold by the end of the year.
We look set for an official interest rate cut before the federal election after inflation figures came in under target this week.
The Australian Prudential Regulation Authority will be reaching for the stick rather than the carrot as it adopts a newer tough approach.
