The ANZ Bank is lifting its interest rates for residential investment property to move focus away from investors and more onto owner-occupiers.
News
Melbourne's median house and unit price hits new record
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23 July 2015
Melbourne’s median house and unit price has hit a new high in the June quarter.
House prices have grown 3.5 per cent over the June quarter to hit a new record median of $668,030.
A leading economist says the Australian dollar could plunge to the US50s - and stay there
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21 July 2015
The Australian dollar could plunge below US60c in the coming months according to an economist from private bank Deltec.
Despite Coalition support, RBA says negative gearing needs to be looked at
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17 July 2015
The Reserve Bank of Australia has faced off against the Abbott Government’s support of negative gearing.
Grattan Institute suggests replacing stamp duty with a property levy
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15 July 2015
The Grattan Institute has released a report saying that a new broad-based property levy could raise $7 billion a year and fund the abolition of stamp duty.
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