The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May. Those earlier moves were aimed at supporting the economy as growth slowed and inflation eased. This time, however, the bank chose to pause, signalling a more cautious stance. The decision will be hard for the millions…
The RBA has maintained the official cash rate target at 3.85% in July, making an August rate cut almost certain. While the pause was not widely expected, it was also not wholly ruled out by analysts. As noted by Belinda Allen in a recent economic report for CBA, trade uncertainties have calmed since May, the…
Let’s talk about a quiet truth lurking in Australia’s property market, one that’s not making headlines, but certainly shaping wealth and opportunities across generations. It’s the price gap between what Boomers paid for property and what Gen X had to fork out just a decade or so later. Now, we all know house prices have…
National home prices rose 0.4% in June, pushing values to a record high, according to the latest PropTrack Home Price Index. As interest rates have fallen, price momentum has strengthened and extended across the country, with all markets recording gains in June. Ms Eleanor Creagh, Senior Economist at PropTrack commented: “Capital city markets are leading the upturn,…
Every time housing affordability hits the headlines—as it has again this year with surging rents and limited supply—someone inevitably points the finger at property investors. And lately, there’s been a particular focus on short-term rentals, like those listed on Airbnb, Stayz and other holiday letting platforms. It’s a neat narrative: investors are allegedly hoarding homes…
Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January. Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national…
If you’ve been following the Australian property market over the years, you’ll know that once upon a time, a $1 million price tag on a house was a badge of exclusivity. It meant prestige, prime location, and a level of luxury that few could attain. But today that price point has become surprisingly common across…
For decades, Sydney and Melbourne have dominated the conversation when it comes to property investment in Australia. They’ve been the go-to markets for capital growth, perceived as safe, stable, and predictably lucrative. But the Australian Property Institute (API) has just released its inaugural Valuation Report, and it turns that long-held belief on its head. This…
We’ve all been watching interest rates rise steadily over the last couple of years. Sure, they’re on the way down now, but many homeowners are still feeling the pressure and there’s a group that’s been hit especially hard: new mortgage holders. A recent analysis by PropTrack has put some eye-watering numbers behind what we already…
While mortgage arrears have risen from record lows, the portion of borrowers falling behind on their repayments remains well below 2% of the Australian loan book. APRA data measuring the proportion of borrowers who are overdue or impaired on their mortgage repayments ticked slightly higher through the March quarter, from 1.64% in Q4 2024 to 1.68%…
