Government land-use regulations and zoning rules are costing homebuyers in Melbourne $324,000 on an average property.
News
Commonwealth Bank has issued a round of rate cuts to interest-only loans
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08 March 2018
The Commonwealth Bank has issued a round of interest-only rate cuts and the other major lenders are expected to follow suit.
The RBA's economic outlook is a little less confident as rates kept on hold for another month
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07 March 2018
In its policy statement for March released yesterday, the RBA look set to stick with the current rate of 1.5 per cent for some time yet as it feels a little less confident about the economic outlook for the rest of the year.
Super Saturday auction results reflect balanced property market
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01 March 2018
The first Super Saturday of the year returned auction clearance rates above 70 per cent in both Melbourne and Sydney.
Economic growth and mining sector improvement could see interest rates hiked before 2019
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27 February 2018
According to HSBC the RBA could look to lift interest rates by the second half of the year off the back of strong economic growth and mining sector improvement.
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