May 4, 2023
After a recent review, the RBA is set to undergo the biggest reform in decades, effective 1 July 2024, with the current board losing its powers to set the cash rate. According to Treasurer Jim Chalmers, the most significant change involves the creation of two boards,...
Apr 11, 2023
CoreLogic’s latest figures are showing strong signs of an ending downturn, with some of the most-affected markets, such as Sydney, already starting to recover. Meanwhile, Australian borrowers have received some respite this month, with the RBA deciding to pause rate...
Mar 8, 2023
The latest PropTrack data this month shows the market downturn is losing momentum, with the overall national home prices rising by 0.18% in February caused by tight supply and continued buyer demand. However, according to Realestate.com.au Senior Economist Eleanor...
Feb 8, 2023
After the RBA’s most aggressive tightening cycle in over 30 years, top experts surveyed by The Australian Financial Review predict only two further rate hikes in 2023 as the RBA pauses to evaluate the effects of the fixed-rate mortgage cliff. According to CoreLogic’s...
Dec 13, 2022
The festive season is a time for giving. But unfortunately, it’s also the time of year when we are targeted by scammers. According to the ACCC’s Scamwatch, scams have cost Australians nearly half a billion dollars so far this year – already $150 million more than in...
Dec 7, 2022
This month Super funds announced plans to invest $41 billion in properties over the next 10 years in line with the government’s housing accord. According to the Industry Super Australia report though, one of their biggest roadblocks will be insufficient large-scale...