February 2, 2016
Sliding dollar could mean growth
There are fresh hopes Australia’s recently hard-hit export and manufacturing industries might get relief with the recent slide in the Aussie dollar, and further falls predicted.
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February 2, 2016
Is your street ‘neighbourhood’, ‘growth’ or ‘general’? What new property can be built there depends on it
Planning Minister Matthew Guy began implementing the new planning zones for Victorian Councils this week.
February 2, 2016
Higher than expected unemployment may fuel further rate cuts
Today’s jobless figures have revealed a higher than expected unemployment rate.
February 2, 2016
When selling property the first offer can often be the best offer
New research shows that the first 30 days after a new property is listed for sale are the most crucial. It’s during this 30 days that the property will have its most views.
February 2, 2016
Eastern suburbs show signs of strength
Strong auction sales and rising prices in Melbourne’s easten suburbs have undone the falls and slump of 2010-2012.
February 2, 2016
RBA cuts interest rates to lowest level since 1959
Interest rates today took another quarter of a per cent drop, stooping to their lowest levels since 1959.
February 2, 2016
New figures show home loan approvals on the rise
An improving housing sector has been reflected in new Bureau of Statistics figures that show an increase in home loan approvals.
February 2, 2016
RBA warns banks to maintain lending standards despite cheap credit
The RBA has warned banks to maintain their lending standards while record-low interest rates fuel demand for new home loans.
February 2, 2016
Retail spending soft as homeowners pay down mortgages
The Reserve Bank says homeowners have used between 50 and 90 per cent of the money saved from ongoing interest cuts to pay down their mortgages ahead of schedule.
February 2, 2016
Interest rate cut looking unlikely
Despite the Australian dollar’s recent recovery, RBA October minutes suggest there will be no change to interest rates next month.