Rents in Melbourne and Sydney will keep falling in the near term according the Reserve Bank of Australia.
News
Australian dollar rising but does the RBA want it to cool?
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16 September 2020
The Australian dollar recently hit a two-year high of just over 74 US cents at the start of the month and another interest rate cut would put downward pressure on the rising Australian dollar.
Road map out of COVID restrictions laid out for Melbourne's real estate industry
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08 September 2020
The Victorian Premier this week laid out plans for the Melbourne real estate sector to fully open with COVID safety measures from November 23.
Economic stability the mantra as RBA keeps rates unchanged
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03 September 2020
Despite the current turbulent times the Reserve Bank has kept the official cash rate at 0.25 per cent for another month.
Melbourne property prices hardest hit for the month of August
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01 September 2020
Melbourne’s house prices were the hardest hit of all capital cities in the country for the month of August, falling by 1.4 per cent.