Melbourne’s property market has just had some fuel thrown onto the fire, with sales expected to spike with interest rates cut to a new record low.
The RBA has cut official interest rates by 25 basis points to a new record low of 2 per cent.
There’s lots of advice that always gets thrown around in the property market. While it’s always good to keep an open mind and take on all the information you can, there are some common pieces of advice that you might want to be wary of.
The Federal Labor Party is looking at turning its attention to negative gearing as an attempt to boost the Budget bottom line.