January 21, 2016
Off-the-plan apartment projects showing strong growth
The number of off-the-plan apartments advertised for sale has jumped by 154 per cent in Australia in the last three years.
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January 21, 2016
Commercial property investment running hot
Commercial property sales are running hot so far in 2015, with auctions for investments recording a clearance rate over 90 per cent for the first half of the year.
January 21, 2016
Tax reform on new Turnbull Government agenda
Tax reform will be firmly on the new Turnbull Government’s agenda to grow the economy, and Shelter WA will be lobbying for changes to negative gearing.
January 21, 2016
The Australian housing cycle has peaked: Morgan Stanley
The housing cycle in Australia has peaked, according to Morgan Stanley analysts.
Stricter regulations on lending, slowing immigration and inflated property prices are set to take their toll on the property sector say the wealth management company.
January 21, 2016
ANZ economists reverse forecasts and predict more interest rate cuts
ANZ economists say they expect interest rates to be cut another further 50 basis points next year to a new record low of 1.5 per cent.
January 21, 2016
Rates kept at 2% and experts tip little effect on house prices if they’re cut in November
The Reserve Bank has left interest rates on hold for the month at 2 per cent, but experts say people shouldn’t expect supercharged house price growth if they are cut again this year.
January 21, 2016
Investors starting to look to Perth for cheap bargains in a buyers’ market
While investment in the Melbourne and Sydney property markets cools, economic advisers have started looking out west to Perth as one of the country’s best buyer markets.
January 21, 2016
Economists dismiss predicted 7.5% fall in house prices next year
Economists have slammed recent claims there could be a drop of up to 7.5 per cent in house prices next year.
Earlier this week Macquarie predicted a drop in house prices of 7.5 per cent across the country in 2016.
January 21, 2016
Westpac to lift home loan rate for owners and investors
Westpac Bank has signalled it will lift its home loan rate to beef up capital reserves to guard against future financial crises.
January 21, 2016
Unemployment rate remains steady for September
Australia’s unemployment rate has remained steady for the last month at 6.2 per cent.
While the unemployment rate remained unchanged, the actual number of jobs available fell by 5,100.