The Federal Government has introduced legislation to Parliament – backdated to July 1 – that cuts back negative gearing concessions on vacant land.
News
US Fed cuts rates for the first time since the GFC
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02 August 2019
The US Fed has cut rates for the first time since the Global Financial Crisis and it has put pressure on the Reserve Bank here at home to lower its official cash rate again in the coming months.
RBA rate cut moves hinge on inflation figures
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31 July 2019
Economists say it’s well and truly possible that the Reserve Bank could cut interest rates twice more in the next year.
First median house price rise for Melbourne in 18 months
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26 July 2019
Melbourne’s median house price has risen for the first time in 18 months, reflecting growing sentiment that the market downturn is over.
Property price rebound on the cards as auction clearance rate figures improve
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24 July 2019
Improving auction clearance rates in Melbourne suggest house prices will rebound over the next 12 months but leading economist Shane Oliver says any upswing in prices could remain fairly constrained.
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