May 12, 2016
NAB the latest bank to tighten lending to Chinese property buyers
The tightening from NAB comes in the form of a 10 per cent drop in loan-to-value (LVR) requirements, from 70 down to 60 per cent.
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May 11, 2016
Treasurer dismisses RBA note on negative gearing
Instead of changes to negative gearing, the Government says increasing house supply and cracking down on union corruption are the best ways to address housing affordability.
May 6, 2016
The FBAA applauds Federal Budget measures to benefit property market
The Finance Brokers Association of Australia has welcomed Scott Morrison’s first Budget, saying it will take the pressure off mortgage-holders and those trying to enter
May 5, 2016
Low inflation drives RBA to cut rates again
The Reserve Bank has made its move on interest rates, cutting them to a new record low of 1.75 per cent in its ongoing effort
May 4, 2016
Negative gearing and capital gains left alone in Federal Budget
It’s a quiet Federal Budget for homeowners and investors with negative gearing and capital gains tax both avoiding any changes. In his Budget speech, Treasurer
April 28, 2016
Heidelberg Heights, Sunshine West and Fawkner named as Melbourne’s most affordable hotspots
A new report has listed Heidelberg Heights, Sunshine West and Fawkner as Melbourne’s best affordable housing investment suburbs right now. The Property Affordability 2016 Hotspot
April 27, 2016
Weak inflation figures put interest rate cuts on the table
Weak inflation figures have blown the chance for an interest rate cut in May wide open, according to JP Morgan’s Sally Auld. Speaking to The
April 19, 2016
Property developers warn RBA to stop talking down apartment market
Property developers have issued a warning to the RBA that if they keep talking up apartment oversupply fears, it will cause more banks to withdraw
April 15, 2016
Interest rate cut looks less likely after strong unemployment figures for March
Better than expected unemployment figures for March have eased pressure on the Reserve Bank to cut interest rates next month. Unemployment in fact has hit
April 13, 2016
Big spike in Chinese residential property investment
Chinese investment in Australian property doubled last financial year. Investment approvals from China for Australian real estate last year hit their highest level ever recorded,