Global markets are actively exploring how to repurpose now empty office buildings, as the post covid impacts of work-from-home and distributed employment take their rising toll. Typically, it is the older-style office buildings that are most affected. Owners of premium office property compete more aggressively for premium, large-scale tenants who still want the high-performance CBD…
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Have you ever wondered why real estate agents have consistently had a bad reputation? In my experience of working with many different real estate agents, I have come across the good the bad…
Yes we have a housing shortage. And no, there is no easy answer in sight. But increasing taxes will only hurt housing supply. The point was made well by Mike Zorbas, chief executive of Property Australia. In a recent article Mr Zorbas said… The CFMMEU and the Greens are right about one thing. More housing…
If there’s one question I’m asked almost as much as which property should I buy, it’s this one: How long before I become rich? It’s human nature to want to discover the secrets of other people’s success. It’s also human nature to wonder, in the midst of all the hard work, how much longer you’ve got…
Australia’s home price recovery has hit a milestone, with national property prices now higher than a year ago according to the latest Proptrack Home Price Index Despite the sharp reduction in borrowing capacities that accompanied the 12 interest rises home prices have reversed much of 2022’s falls according to Eleanor Creagh, Senior Economist at Proptrack, Creagh explains…
Do you want to buy an investment property but don’t have the cash readily available for a deposit? The good news is, if you already own a property, there is a way of buying a second home using equity instead. So if you’re wondering how equity works when buying a second home, read on and…
Stand by for one of the most important decisions Treasurer Jim Chalmers and the Albanese government will make. That decision is to commit future governments and the Reserve Bank to full employment, and, more importantly, spell out what that means. The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945…
The gap between the interest rates being paid by existing and new borrowers is narrowing Existing bank customers are starting to be rewarded for their loyalty with home loan rate discounts that could save borrowers over $1,000 in the first year alone, according to new insights from Canstar. Canstar’s analysis of Reserve Bank lenders’ Interest…
Rich Chinese property investors are eyeing up Australia, with over 700,000 expected to migrate overseas in the next 2 years. The latest ranking from Juwai IQI shows that Australia ranks number one as the top overseas destination for Chinese property hunters. Australia comes ahead of all other global markets, including Canada, the UK, and the…
Three of the big banks, CBA, Westpac and ANZ, believe the cash rate has already peaked at 4.10 per cent, with only NAB expecting one more hike later this year. CBA, Westpac and NAB economic teams updated their cash rate forecasts on the back of yesterday’s RBA Board meeting, with changes to both the expected…
