February 2, 2016
Australians are getting married later and it means more rent for landlords
Australians are getting married later in life – and landlords are among the beneficiaries.
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February 2, 2016
Melbourne apartment construction hits new record
There are more apartments being built in inner Melbourne right now than at any time in history.
February 2, 2016
Panel meets to discuss dominance of major banks
Former chief of the Commonwealth Bank David Murray is heading an inquiry that is canvassing ideas to curb the dominance of the country’s $1.3 trillion mortgage market by the major banks.
February 2, 2016
RBA meets to again opt for sustained stability in rates
The minutes of the RBA’s most recent meeting have been released, and they continue to be keen for interest rates to remain unchanged for the short to mid term.
February 2, 2016
Victorians top list for mortgage delinquency
Fitch Ratings have released some data that show an unexpected increase in mortgage delinquency in Victoria, with some Melburnians struggling to keep up repayments on their mortgage.
February 2, 2016
Fixed-rate mortgage price cutting war
Both the majors and non-majors are in the midst of a fixed interest rate cutting frenzy.
February 2, 2016
Calls for abolition of stamp duty to free up labour market
The Property Council of Australia has said it would like to see stamp duty abolished to encourage more movement in the labour market.
February 2, 2016
Reserve Bank leave rates on hold for 12th consecutive month
The Reserve Bank’s monthly board meeting has ended as most predicted – with interest rates remaining unchanged.
February 2, 2016
Banks struggle to lure customers with low fixed rates
Despite banks dropping their fixed-rates for home loans to below 5 per cent for five years, only 24 per cent of new home loan customers took the option in June.
February 2, 2016
Jobs growth centred around capital cities
“Follow the jobs growth.”
According to Pete Wargent from Property Observer, it’s one of the best pieces of advice he has received when it comes to property investment.