News

The Reserve Bank has as expected left interest rates on hold for October at 2.5 per cent, but certainly changed its stance a little on house price inflation and the Australian dollar.

A senior official from the Reserve Bank has said the RBA ‘will do something’ this year to dampen lending to property investors.

A new study by credit reporting agency Veda has found that 13 per cent of Australians are at risk of defaulting on credit in the next 12 months, which can stop them from successfully applying for loans.

A leading Australian economist has called for the Abbott government to put downward pressure on surging house prices by ending negative gearing for new investors.

When selling a property vendors are always looking for the best way to present it, the better it looks the more desirable it is and hopefully, the more people will be prepared to pay for it.