News

The RBA has now kept rates steady since August last year, amid ongoing deterioration of the unemployment rate around the country.

A significant portion of the country’s top economists thinks capital gains tax concessions for property investors should be scrapped.

In sobering news for off-the-plan investors, new research has revealed more than half of new apartments bought in Melbourne and then re-sold in the last five years have been re-sold at a loss.

It was another strong weekend for Melbourne’s auction clearance rates despite the current economic environment of lending crackdowns and interest rate hikes from banks.

Mortgage Choice CEO John Flavell has told the Australian Financial Review there’s enough funding in the market to keep housing investors going despite lending cutbacks.