
Stability the key according to RBA
The Reserve Bank has maintained its line of stability in its final meeting minutes for the year.

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.

In some parts of Australia it is becoming, or has already become, a renters’ market.

Mortgage brokers are being urged to sell themselves on more than just cheaper rates.

It appears Australia’s housing boom is set for a cooling period this year.