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Market Essentials – May 2023

Market Essentials – May 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,...
Market Essentials – April 2023

Market Essentials – April 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...
Market Essentials – March 2023

Market Essentials – March 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...
Market Essentials – February 2023

Market Essentials – February 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...
How to stay safe this festive season

How to stay safe this festive season

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...
Market Essentials – May 2023

Market Essentials – December 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...