
RBA holds its nerve and keeps rates unchanged ahead of federal election
This month’s eagerly awaited RBA meeting has ended with the official cash rate remaining unchanged for a record 34thconsecutive month.
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.
Financial advisors and mortgage brokers are being offered big commissions – up to 30 per cent bigger than last year – to sell completed apartments during the downturn.
New BIS Oxford Economics figures say Australia’s residential building boom is long gone and housing construction will fall 30 per cent from peak to trough over a two-year correction.
There’s increasing speculation that the Reserve Bank may cut interest rates later this year but the central bank has moved to dispel that notion this week.
There’s more pain ahead for home owners in Melbourne, Sydney and Perth according to new forecasts from Moody’s Analytics.