News

The Reserve Bank has left the official cash rate at 1.5 per cent for another month as the property markets in Melbourne and Sydney both look to be peaking.

In days gone by it was really only a fringe minority of economists that were prepared to label Melbourne and Sydney’s property markets as housing bubbles, but there’s now a growing number of mainstream economists joining the chorus.

Interest-only loans are losing some of their appeal as principal-and-interest loans gain favour in the current lending environment of regulator crackdowns.

A new survey has shown that a lot of Australians would like to be offered longer-term fixed rate home loans.

Corporate tenants will reduce their long term leases by 30 per cent over the next 20 years as automation replaces the need for humans to work in those spaces.