The Australian Bureau of Statistics has today released another healthy set of unemployment figures for the month of December, in which another 35,000 people in the country found a job.
Falling property prices are contributing to a bounce in home loan lending and first-home buyers are some of the borrowers responsible for the rebound.
Concern is mounting that aggressive tax changes are driving foreign buyers from Australia’s property markets.
Western Australia looks primed for property investors after years of struggle post-mining boom.
Mortgage brokers are now set to be included in the terms of reference of the banking royal commission.
The Reserve Bank has posted its final minutes for the year and they have left for the holidays on an upbeat note.
The impact of rocketing stamp duty is starting to bite into Melbourne’s property market as an increasing number of homeowners opt to renovate rather than move.
Banks could soon be verifying potential borrowers’ incomes and expenses through a digital automated process.
The Real Estate Institute of Victoria data says 154 out of Melbourne’s 402 suburbs have a $1 million or more median house price.
The Australian housing market slowdown is continuing and things look like they will keep slowing as we head into the new year.
