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.
The RBA looks set to cut rates again in April and even further as the year progresses to a level below 2 per cent.
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.
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.
In a first for Australia, one bank will start rewarding borrowers with cash in return for home loan repayments.
The majority of mortgage broking websites may become outdated after Google announced it is going to change the way it ranks sites.
Property prices in inner-city Melbourne have seen some hefty price rises since the start of the year.
The economy looks set for another interest rate cut next month with inflation having eased to 1.3 per cent in the March quarter.
The Federal Labor Party is looking at turning its attention to negative gearing as an attempt to boost the Budget bottom line.
The RBA has cut official interest rates by 25 basis points to a new record low of 2 per cent.
