News

RBA leaves rates unchanged in its July meeting
07 July 2020

The Reserve Bank has kept the official cash rate at 0.25 per cent at its July meeting as Melbourne braces itself for a hard border and another round of coronavirus lockdowns.

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Fresh COVID outbreak sees decline in auction listings
07 July 2020

Auction listings are in decline and clearance rates struggling amid a fresh outbreak of coronavirus in Victoria.

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Off-the-plan pain as buyers lose building deposits
03 July 2020

Some off-the-plan apartment buyers are having to cut their losses and walk away from their deposits.

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ASIC has published its official best interests duty guidance for mortgage brokers
25 June 2020

The Australian Securities and Investments Commission has released its official guidance on the application of the best interests duty on mortgage brokers.

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House prices could drop by 10% despite improving clearance rates
24 June 2020

Auction clearance rates might be looking a little healthier of late but economists say a housing oversupply and uncertain buyers will see house prices still drop by around 10 per cent this year.

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