Recently when comparison website finder.com.au surveyed 37 financial experts, just three of them predicted that the official cash rate would fall further in 2015.
Australia’s banking watchdog will be cracking down on risky mortgage lending practices as a guard against the hot property market.
Brokers, banks and processing companies are being inundated with mortgages as vendors rush to convert their spring property sales before Christmas.
The Reserve Bank has maintained its line of stability in its final meeting minutes for the year.
In a tough economic year for the Federal Government, one of the year’s brighter spots has been the strong housing market.
Melbourne’s western suburb of Sunshine has been tipped as the next property ugly duckling to turn into a swan.
The Australian dollar has fallen to a five-year low of 80.71 US cents and it’s fast approaching the level the RBA has spent most of 2014 saying is desirable.
As we dust ourselves off from the summer holiday period, what can we expect in the property market for 2015?
Australian commercial property is being snapped up by a fresh wave of foreign investors after figures show offshore investment up by 12 per cent in 2014.
Landowners in Australia appear willing to accept losses on their properties in the expectation they will make it up in capital price gains.
