News

The RBA is spreading it’s concerned gaze to the half a trillion dollar commercial property sector.

The Reserve Bank has warned that the sector is emerging as the latest source of a potential crash as investment surges.

The Foreign Investment Review Board (FIRB) says uncovering and prosecuting illegal residential property buying by foreigners is very difficult and a certain amount slipping through the cracks is inevitable.

Young people that are doing well financially are benefitting most from the sustained period of low interest rates, and it’s largely at the expense of older Australians.

The Australian Competition and Consumer Commission (ACCC) has launched legal action in the federal court on the mortgage repayment strategy that connects struggling borrowers with investors.

In yesterday’s minutes from March’s RBA policy meeting it was clear further cuts to INTEREST RATESimage this year could be on the agenda.