Financial advisors and mortgage brokers are being offered big commissions – up to 30 per cent bigger than last year – to sell completed apartments during the downturn.
News
Residential construction boom dead and buried: BIS
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18 April 2019
New BIS Oxford Economics figures say Australia’s residential building boom is long gone and housing construction will fall 30 per cent from peak to trough over a two-year correction.
RBA deputy governor pours cold water on the idea of more rate cuts
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12 April 2019
There’s increasing speculation that the Reserve Bank may cut interest rates later this year but the central bank has moved to dispel that notion this week.
More pain ahead for Melbourne home owners
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10 April 2019
There’s more pain ahead for home owners in Melbourne, Sydney and Perth according to new forecasts from Moody’s Analytics.
RBA leaves interest rates on hold as drums beat for a future cut
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05 April 2019
The RBA has left its official cash rate at the record-low of 1.5 per cent for the 29thmonth in a row but experts are saying a cut this year is becoming inevitable.
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