This Month in Review In this month’s news, the Reserve Bank of Australia has broken a record for the longest stretch without an interest rate change, with rates on hold at 1.5 per cent for the 18th consecutive meeting. The Grattan Institute’s John Daley has warned a...
This Month in Review As the year starts to take hold, the national property market is likely to continue to “peter out” over the year, according to researchers at Deloitte, who say tighter lending and expected higher interest rates will start to bite. Despite this,...
This Month in Review Most of Australia’s capital cities have started the year on the right foot, outside of Sydney and Melbourne, where average growth has started to plateau after years of exceptional gains. First home buyers are back out in force taking up 39 per...
This Month in Review As we close out the year, it’s been a mixed bag for capital cities across Australia. Despite the ups for the east coast and the downs for the west coast, a recent survey from ME Bank found that Australians are increasingly keen to see property...
This Month in Review The slowing of Australia’s hottest housing markets has been welcomed by Treasury secretary John Fraser, who said it was a sign the regulator’s crackdown on risky lending has been effective. At the same time, the QBE Australian Housing Outlook...
This Month in Review Despite the continued investment interest, financial services company UBS is warning half a trillion dollars of “liar loans” are propping up the Australian banking system. They warn rising interest rates will cause a major shock to the economy....
