February 2, 2016
Interest rates settle in to period of stability
The Reserve Bank has followed through on its promise of stability, leaving interest rates unchanged this month at 2.5 per cent.
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February 2, 2016
Melbourne property prices slow on Federal Budget eve
On the eve of the Federal budget, Melbourne’s property spike may be slowing as figures show Melbourne property price growth has slowed this quarter.
February 2, 2016
Cafe latte hipsters moving to Melbourne’s inner west
The café latte hipster set are making Melbourne’s inner west a hot area for property.
Once an exclusively working class area, the western suburbs are proving a great way for young Melbourne hipsters to get a foot in the property door.
February 2, 2016
Family homes and negative gearing escape federal budget cut backs
Negative gearing is still alive and well in Australia after it survived the federal budget knife.
February 2, 2016
Australia’s property market one of the most overvalued worldwide
Australia’s property market is one of the most over-valued in the world according to a report from Deutsche Bank Global Markets Research.
February 2, 2016
Pressure on lenders to remain prudent
As banks are taking more risks in their lending to capture the low interest rate $1.3 trillion mortgage market, it has sparked more warnings to banks to be wary
February 2, 2016
Three quick steps to help prepare for future rate rises
While interest rates are expected to be stable in the near-term, many economists believe the next time they do move, they will move upwards.
February 2, 2016
Housing prices fall along with consumer confidence
House prices have fallen for the first time in a year, possibly in part from a reaction to the federal government’s tight budget.
February 2, 2016
Variable rate home loans surge despite low interest rates
Despite the RBA having just announced interest rates to remain unchanged this month, variable rate home loans are growing in popularity again as banks offer discounts to lure customers.
February 2, 2016
Agents join petition to rally against underquoting
A group of prominent real estate agents has launched a petition to rally against the practice of underquoting.