In a recent move that signals a flexible but cautious approach, the Reserve Bank of Australia has kept the door open for potential interest rate cuts by year-end if economic conditions worsen. In its minutes for the September Board meeting, the RBA has also cautioned that it could raise rates again should inflation fail to…
Not long ago, the Australian Bureau of Statistics reported that the headline annual inflation rate fell sharply to 2.7% per annum. Does this mean inflation is under control and interest rates are now going to fall? That’s one of the questions I ask Dr Andrew Wilson, chief economist of My Housing Market, in today’s Property…
Today is another of our popular question-and-answer shows where Ken Raiss, Brett Warren, and I answer a wide range of questions asked by the participants of a recent webinar. We answered questions about why the Melbourne property market is currently underperforming and when to expect it to turn around, there are a number of questions…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates peaked now and when will they start coming down or will the RBA raise rates again in 2024 because of stubbornly high inflation? Will affordability issues cause a round of distressed sales and price falls or even a property…
The great Australian dream of owning a home is slipping further out of reach for many, particularly those in the most common occupations. Recent reports paint a grim picture for teachers, nurses, and other essential workers, who now find themselves grappling with a housing market that’s increasingly beyond their financial reach. If you’ve been paying…
The debate around negative gearing is once again heating up, with a particular political party of a Green persuasion arguing that abolishing it could be the magic bullet to solve Australia’s housing affordability crisis and housing shortage. “Just slug greedy, rich property investors by reforming negative gearing and capital gains tax and it won’t increase…
When we talk about success, we often focus on hard work, talent, and determination. These are undeniably crucial elements, but as Warren Buffett, one of the most successful investors of all time, pointed out, there’s another factor that plays an equally important, if not more significant, role: luck. Buffett’s concept, which he famously refers to…
Housing affordability, or the lack thereof, and the historically low vacancy rates, have often been blamed on a large number of overseas migrants coming to Australia, so what would happen if we stopped migration? That’s what I’m going to be discussing today with leading demographer Simon Kuestenmacher… However, this is a special episode of a…
Dwelling values increased a modest 0.4% in the first month of spring, broadly in line with the monthly change in July and August at 0.3% as momentum continues to leave the market. Nationally, housing values rose 1.0% in the September quarter, the lowest rise in the national Home Value Index (HVI) over a rolling three-month…
We all have a limit to our budgets, and I know many investors have to make the decision: should you invest in an investment-grade apartment in a prime location or a house in a secondary location? Each option has its benefits and challenges and choosing the right one can significantly impact your investment returns. Today…