January 22, 2016
RBA hints strongly at another rate cut
In yesterday’s minutes from March’s RBA policy meeting it was clear further cuts to INTEREST RATESimage this year could be on the agenda.
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January 22, 2016
Older Australians missing out on the benefits of low interest rates
Young people that are doing well financially are benefitting most from the sustained period of low interest rates, and it’s largely at the expense of older Australians.
January 22, 2016
Illegal foreign property buying hard to police
The Foreign Investment Review Board (FIRB) says uncovering and prosecuting illegal residential property buying by foreigners is very difficult and a certain amount slipping through the cracks is inevitable.
January 22, 2016
Door opening for multiple interest rate cuts in 2015
The RBA looks set to cut rates again in April and even further as the year progresses to a level below 2 per cent.
January 22, 2016
Tax White Paper starts discussion on negative gearing
The Federal Government released its tax discussion White Paper this week, and one South Australian lender says it’s a good opportunity to discuss how the tax system is impacting on housing supply and demand.
January 22, 2016
Sydney keeping Australia’s steady property market ticking over
The housing boom may be coming to an end with new RP Data figures showing modest growth around the nation except for perennial leader Sydney.
January 22, 2016
Bank to offer rewards program for home loans
In a first for Australia, one bank will start rewarding borrowers with cash in return for home loan repayments.
January 22, 2016
Mortgage broking sites to lose relevance unless they’re mobile-friendly
The majority of mortgage broking websites may become outdated after Google announced it is going to change the way it ranks sites.
January 22, 2016
Swanky Melbourne property enjoys strong start to 2015
Property prices in inner-city Melbourne have seen some hefty price rises since the start of the year.
January 22, 2016
Low inflation points to further rate cut action from the RBA
The economy looks set for another interest rate cut next month with inflation having eased to 1.3 per cent in the March quarter.