Australian consumers are currently facing a challenging environment due to high inflation. According to this report from Westpac, the Reserve Bank of Australia (RBA) intent to bring inflation back to the target range of two to three per cent, is putting significant pressure on Australian households. Westpac expect the RBA to deliver two more rate…
The Australian property market hasn’t taken the big, prolonged plunge that the pessimists forecast. In fact, the most recent PropTrack Home Price Index indicates that the ongoing price rebound carried on through May, and we’re seeing prices go up in more places than before. Home prices across the country have been going up for the…
It’s halfway through 2023, and with concerns about rising interest rates and talk about a recession, one question many are asking is: What’s ahead for the Australian property market? Interestingly, according to the Domain Forecast Report, Australia’s housing market will be in a well-established, steady recovery over the coming financial year, with select capital cities…
Covid 19 changed where and how many of us wanted to live. It triggered a significant migration away from Australia’s major cities as families sought more affordable housing options in regional and outer-metropolitan areas, capitalizing on the widespread adoption of flexible work arrangements. Analysis of newly released regional population data from the ABS by The…
“What if?” – two little words that could have meant the end of the modern world as we know it. What if our forebearers had been so paralysed by doubt and fear that they never ventured beyond their comfort zone in the cave? Interesting thought, isn’t it? Fear of the unknown leads humans to exist…
If you work in a law firm, media company or police station just take a look around. But slowly. While most people think of psychopaths as serial killers and rapists – because most serial killers ARE psychopaths – not all psychopaths are murderous. You could easily be working in the company of a psychopath, according…
Buying with a friend seems like a good idea, doesn’t it? It’s certainly been a popular strategy over the past decade or so given higher property prices, plus more people choosing to stay single longer. The power of two is always stronger than the power of one when it comes to property after all! There…
Fast population growth and multiple headwinds for the construction industry mean Australia’s housing crisis will only worsen – even with the government’s plan to increase housing stock a solution is still far off in the distance. A new PropTrack New Homes report for May reveals data that suggests that government initiatives to meet growing population…
If you’re thinking of securing a new loan or refinancing an old one, then you’re in luck. Because recent policy changes by some lenders could make refinancing or securing a new loan easier, according to new insights from Canstar. The Reserve Bank’s decision to increase the cash rate for the twelfth time to reach a…
In 2022, in Australia’s eastern states, more than a quarter of residential property transactions happened without a mortgage, according to new research by PEXA. This means that buyers could purchase homes without relying on loans, even with high-interest rates at the time. Total value of residential sale settlements in Australia’s eastern states was a whopping…
