News

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.

There’s more pain ahead for home owners in Melbourne, Sydney and Perth according to new forecasts from Moody’s Analytics.

The RBA has left its official cash rate at the record-low of 1.5 per cent for the 29^thmonth in a row but experts are saying a cut this year is becoming inevitable.

Property tax is set for a crackdown from January 1 next year if Labor wins the upcoming election, which current polls suggest they will.

The property downturn is providing an opportunity for first homebuyers not seen for some time but it may pay to use some caution if looking to enter the market for the first time.