
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.
Economists say it’s well and truly possible that the Reserve Bank could cut interest rates twice more in the next year.
Melbourne’s median house price has risen for the first time in 18 months, reflecting growing sentiment that the market downturn is over.
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.
The proportion of Aussie households that are renting has risen to nearly one-third in 2017-18.
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.
The property downturn worst could be over as the Melbourne and Sydney property markets look to have stabilised.
While the housing market in Melbourne continues its downturn the office market boom shows no sign of abating.
The Reserve Bank has cut rates to a new record-low of 1 per cent and it isn’t backing away from criticism by saying it’ll cut again if it has to.
Analysis from a large Australian property valuation company shows our major mainland capital cities are at the bottom of their price cycle after a lengthy period of low clearance rates, price drops and falling confidence.
Home loan arrears are the highest in years but at this stage pose no threat to financial security, according to the RBA’s head of financial stability Jonathan Kearns.