News

Banking regulators are tightening the screw on profitable interest-only loans in case things go sour in an economic downturn.

Australian capital city house prices continued to push upwards in July despite the sluggish economy.

Real estate agents say the RBA interest rate cut will kick-start more buyers trying to get hold of property in an already low-supplied market.

The main financial lenders in Australia are not passing on yesterday’s RBA interest rate cut in full, possibly slowing the central bank’s attempts to stimulate the economy.

The boom in apartment building looks set to end, with new research predicting a 50 per cent reduction by 2020.