[Video] Interest rates are falling – how much further to go?

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Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital, discusses the RBA’s decision to cut interest rates to historic lows in this 3 minute video.

He discusses:

Why interest rates still have much further to fall

high interest rates

It’s funny how only a few weeks ago commentators were suggesting the next movement in interest rates could be up.

Now after the Reserve Bank dropped interest rates again there is a strong suggestion of more rate cuts to come.

Bill Evans, chief economist for Westpac put out a bulletin forecasting another rate cut in June plus 2 further rate cuts this the trend bottoming out in the first quarter of 2014 at 2%.

Dr. Shane Oliver, chief economist at AMP Capital released the following publication explaining why he thinks there are more rate cuts to come… [Read more...]

The real reason why the RBA cut interest rates

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You’d have to be living under a rock not to know that the Reserve Bank cut interest rates to historic lows on Tuesday 7th May. Everyone tweeted about it and sent out emails – that’s why I didn’t!

As someone interested in property investment, what I find much more interesting is why they did it and this is explained clearly in a statement by Governor Glenn Stevens, where he says… [Read more...]

This week’s property market trends | RPData

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Weekly stats in the report include:

  • Key housing market indicators available; including private treaty and auction market statistics
  • Summary of the rpdata-Rismark daily index movements over the past week and month
  • Snap shot of recent sales across each state
  • Top ten most expensive sales transacted over the past week
  • rpdata Mortgage Index
  • rpdata Property Index

[Read more...]

The unfortunate truth about investing

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If you’re reading my blog you’re probably interested in property investment, but this great article by the crew at Motley Fool who concentrate more on share investing, carries some great lessons for all investors.

They say: Sorry, but… [Read more...]

Melbourne population growth drives the property market

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The latest stats from the Australian Bureau of Statistics show that Melbourne once again had the strongest growth of all capital cities, adding 77,242 people in 2011-12 to reach mid-2012 with a population of almost 4.25 million.

Victoria added 88,966 people to close the financial year with 5.624 million people, just under 25 per cent of all Australians.

[Read more...]

Saturday Summary – the most interesting property investment articles I’ve read this week.

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There are more property investment articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the interesting ones I’ve read during the week.

Enjoy your weekend…and please forward to your friends by clicking a social link buttons on the left.

[Read more...]

Less stock on the property market suggests markets are in equilibrium | SQM Research

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Figures released by SQM Research reveal that the level of residential property listings around the nation tapered off slightly during the month of April, with national stock levels falling by -2.7% and coming to a total of 345,034. [Read more...]

Property investors back in the market

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Property investors are back in the market buoyed by increasing consumer confidence and all the good news they’re hearing about the real estate markets turning the corner last year.

[Read more...]

The worst & the best property advice I’ve been given

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Recently one of my son’s who’s taken a keen interest in property investment asked:

“Dad – what’s the worst advice you’ve ever been given on real estate investing and what’s the best advice you could give me?”

[Read more...]