The large and continually growing supply of apartments in Melbourne is failing to deter offshore investors.
News
Murray: Australia needs limits on lending
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06 March 2015
The Abbott Government’s financial systems inquiry head David Murray says Australia needs to introduce limits on borrowing.
February rate cut sparks home loan growth as rates stay steady in March
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05 March 2015
The country’s biggest mortgage broker, AFG, has reported a 16 per cent jump in the value of home loans processed last month after interest rates were cut quarter of a per cent back in February.
RBA keeps rates steady as Melbourne's property market starts to fire
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04 March 2015
The RBA surprised a few pundits yesterday when they left interest rates unchanged at 2.5 per cent.
Prime Minister Abbott flags fees for foreign property investors
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25 February 2015
The Federal Government has proposed hitting foreign buyers with steep application fees every time they want to buy property in Australia, and there are concerns about what it will do to foreign investment.
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