Category Archives: Interest Rates Australia
RBA Cut Interest Rates Again In December
RBA reduces interest rates again in December Last month we saw a 25 base point reduction in rates and this month we get another early Christmas gift of 25 base points. Last month all major lenders passed on the full … Continue reading
Report indentifies possible reforms to achieve housing solutions
There has been no shortage of attention paid to the continued residential housing supply and affordability concerns shared by many Australians over the past year. To this end, the independent body, the Grattan Institute, recently released a report that proposes … Continue reading
We love our castles—Australian homes remain the biggest globally
The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many. We’ve also seen … Continue reading
Renters paying a greater share of their take home income for housing than those with a mortgage
In this week’s RP Data Property Pulse, Cameron Kusher takes a look at the costs associated with housing based on the latest ABS 2009/10 financial year Housing & Occupancy Costs Survey results. According to Mr Kusher, one of the most … Continue reading
Implications for interest rates and investors
Lending slumps; Petrol slides and further falls likely Weekly Petrol Prices; Lending Finance; Credit & debit card statistics Petrol prices fall. According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 2.5 cents … Continue reading
SMSF changes could impact rental market
Changes to regulations surrounding self-managed super funds could ultimately impact on rental affordability, it has been claimed. The ATO has released a draft ruling opening up the use of SMSFs for renovations on existing properties. Previous ATO regulations restricted … Continue reading
New home sales edge up
Sales of new homes rose slightly in August following two consecutive falls, the Housing Industry Association (HIA) has recently announced. The report which was a survey of Australia’s major residential builders, showed that the number of new homes sold in … Continue reading
If interest rates fall, it will be a windfall
What would you do if the Reserve Bank decided to reduce the cash rate next month? Would you continue to pay the same amount off your mortgage, or use the extra cash in some other way? A national survey of … Continue reading
WORKFORCE DEVELOPMENT FUND GOOD NEWS FOR PROPERTY INDUSTRY
Century 21, the largest real estate company in the Asia Pacific region, believes that the $25 million recently committed by the Federal Government to support training in the construction industry is both a good step for the construction industry and … Continue reading
15 White Oak Drive, Shepherd Valley, Qld Australia HOUSES UP APARTMENTS DOWN The home building see-saw continues, with approvals dropping again in May, according to data released this week by the Australian Bureau of Statistics. The total number … Continue reading
