How have the coronavirus lockdowns affected you? Has the pandemic changed your strategy or approach to property investing? Are you considering moving to live in a different location because of COVID-19? These are only some of the Covid-19 related questions we recently asked 1,700 Australian property investors and would-be investors in our annual Property Investment…
![[Podcast] A politician’s view of the housing affordability debate with Tim Wilson MP](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/09/MY-podcast-77-Learn_to_Negotiate_from_the_Man_who_wrote_the_book-270x200.jpg)
Even before property prices started skyrocketing in the past year, buying a new home was unaffordable for many young Australians. And today, with the huge surge in prices we’ve experienced, the dream of homeownership feels like it’s moving completely out of reach of many young families. So, are we moving into a society of property…
Migration could resume more quickly than expected with borders starting to be eased from November 1. NSW has indicated it will scrap quarantine requirements for fully vaccinated travelers and lift incoming traveler caps from November 1. The measure comes as NSW looks set to achieve 90% plus adult vaccination rates (78.8% of NSW adults (16+)…
Australia’s unemployment rate rose 0.1% over September to 4.6%, the Australian Bureau of Statistics said. The nation lost 138,000 jobs over the month reflecting the labour market damage inflicted by lockdowns across New South Wales and Victoria. However, the topline unemployment rate does not tell the full story of Australia’s labour market, with workforce participation…
![[Podcast] Yes, it’s true! Here’s how you can improve your IQ | Rich Habits, Poor Habits with Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/09/RH28-IQ-270x200.jpg)
You have probably heard about IQ before. You may even have taken some free online quiz that promises to reveal how smart you are compared to Albert Einstein or Stephen Hawking. So, exactly what is IQ? How is it measured? And does it really matter? That’s what I’m going to chat with Tom Corley about…
Stand aside school catchments and easy water access. According to the experts, the newest driver of demand for residential markets is… industrial! Traditionally a no-go zone for homeowners and investors alike, ‘industrial lifestyle precincts’ have driven a new wave of residential property demand, according to Chris McKillop, a commercial director at Herron Todd White The…
The Reserve Bank of Australia (RBA )warned that “exuberance” in a red-hot housing market was encouraging a build-up of debt that might destabilise the financial system at its recent Financial Stability Review. It urged the banks to maintain lending discipline amid the boom. In its semi-annual Financial Stability Review, the RBA focussed on the housing…
![[Podcast] This new research makes Australia’s economic future clear, with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/10/MY-podcast-303-Economic-future-270x200.jpg)
As a property investor, businessperson or entrepreneur you need to understand more than your craft. But you also need to keep an eye on Australia’s economy and while the variables influencing our economic growth are numerous and complex there is one particular driver whose overwhelming influence has the final say – and that’s demographics. Yet…
When the chief economist of Australia’s largest residential lender has something to say about APRA’s new regulations, I think it’s worth listening Of course, it’s old news by now! APRA, the financial regulator has again decided to interfere in housing markets. They told banks and other authorised lenders that from November borrowers will need to…
The Australian Prudential Regulation Authority (APRA), our lending regulator, has announced new changes to lending rules for banks. They told banks and other authorised lenders that from November borrowers will need to be able to meet repayments at least 3 per cent higher than the loan product rate to receive a loan. If, for example, you apply…
