Latest Survey of 37 Experts & Economists on Rate Cuts

It seems there is more pain in store for first home buyers. For the third year running first home buyer numbers are tipped to drop as further cuts could fuel property values, according to comparison website[1]. Falling interest rates will bring more pain to prospective home buyers this year, with many first home buyers likely to be...
Australia people

Foreign investment changes should expose the rorters

By Margaret McKenzie, Deakin University There has been a lot of talk about how foreign investors are distorting the Australian property markets. This week Joe Hockey and Tony Abbott announced a proposal to charge foreign investors a minimum of A$5000 on residential property investment applications. However none of the measures suggested are backed up by clear evidence as to where...
Property News

Interest-only and investor lending continued to increase up to the end of 2014

The Australian Prudential Regulation Authority (APRA) has released data on residential property exposures by Australian Authorised Deposit-taking Institutions (ADIs).  The data was published up to the end of December 2014.  The information provides additional insight into the nature of mortgage lending by Australian banks, building societies and credit unions.   According to APRA’s data, at...
population growth

Our Ageing Population Threatens Society with Unsustainable Debt | John Edwards

Our ageing population threatens Australia with unsustainable debt. But before I discuss this, let’s see what’s happening in our property markets: In Table 1, below I present the growth rates and other statistics for our housing markets across Australia. Table 1: Market Performance The Sydney property market is continuing in its ‘boom’ growth path. The...

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