January 22, 2016
RBA keeps rates on hold and the door ajar for possible future cuts
The RBA has kept interest rates on hold for the second successive month and they remain steady at 2 per cent.
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January 22, 2016
Rates are steady again this month but do first-home buyers want them to rise?
The RBA kept interest rates at 2 per cent this week no doubt pleasing many home owners and investors.
January 22, 2016
Grattan Institute suggests replacing stamp duty with a property levy
The Grattan Institute has released a report saying that a new broad-based property levy could raise $7 billion a year and fund the abolition of stamp duty.
January 21, 2016
Despite Coalition support, RBA says negative gearing needs to be looked at
The Reserve Bank of Australia has faced off against the Abbott Government’s support of negative gearing.
January 21, 2016
A leading economist says the Australian dollar could plunge to the US50s – and stay there
The Australian dollar could plunge below US60c in the coming months according to an economist from private bank Deltec.
January 21, 2016
Melbourne’s median house and unit price hits new record
Melbourne’s median house and unit price has hit a new high in the June quarter.
House prices have grown 3.5 per cent over the June quarter to hit a new record median of $668,030.
January 21, 2016
ANZ lifts interest rates for property investors
The ANZ Bank is lifting its interest rates for residential investment property to move focus away from investors and more onto owner-occupiers.
January 21, 2016
Property investors can expect more interest rate rises
Pressure to pass on higher capital costs to investment borrowers is likely to see more interest rate hikes by banks, following last week’s movements from ANZ and the Commonwealth Bank.
January 21, 2016
Investor lending by banks continues to tighten as major announces foreign buyer restrictions
As banks start lifting rates to tighten their lending to property investors in response to the Australian Prudential Regulation Authority’s crackdown, Westpac has announced changes to its lending to foreign buyers.
January 21, 2016
Melbourne’s most affordable suburbs for one-bed apartments
If you’re looking for a cheap one-bedder apartment to invest in, the Real Estate Institute of Victoria has released figures to March of the suburbs in Melbourne where you can get one-bedroom apartments for under $300,000.