What are your priorities to consider when moving home? Well, new research by NRMA Insurance has found that Australians relocating prioritise researching local coffee shops and dining options over checking the potential risks of wild weather to their safety and property. The latest edition of the NRMA Insurance Wild Weather Tracker revealed that only 26%…
Well, the RBA really does need a broom through the joint. After a 0.25% lift last Tuesday – making it 11 hikes in just 12 months – on some pretence that doing so will somehow reduce inflation. Inflation isn’t caused by the consumer but mainly by a range of ill-conceived government policies and actions. The…
We find ourselves living in a time of great uncertainty, particularly when we cast our gaze upon the economic landscape of the past decade. For an extended period, inflation and interest rates remained stagnant, with no indication of change in the foreseeable future. These conditions persisted for so long that an entire generation has known…
What price would you be willing to pay to become a successful property investor? What price would you be willing to pay, to become a successful property investor? The game has changed a few times in the last decade. It wasn’t that long ago that we were cushioned by the tailwinds of ultra‑low interest rates…
According to the latest ABS Lending Indicators data property buyers are adjusting to current market conditions in different ways. New lending has increased for the first time in 14 months while existing borrowers are responding to rising interest rates by refinancing at record levels. In March, new lending rose by 4.9% compared to the previous…
Several new population studies have been released over the past couple of weeks. Frankly, reading them is like watching the paint dry. So, I have summarised – including some estimates from my end – the big picture in two simple tables. The first table shows a few things: The annual population growth rate over the…
The latest interest rate decision was always going to be a line ball; however, the 25 basis point lift will likely be the last in the most rapid rate hiking cycle on record. Although inflation has been trending lower since peaking in the December quarter of 2022, yesterday’s rate hike reflects the RBA’s uncertainty about…
After declining for most of last year, home prices have started to increase again in 2023, with April marking the fourth consecutive month of rises nationwide, according to the latest PropTrack Home Price Index. This is due to factors such as strong migration, limited supply, and tight rental markets, which are offsetting the impact of…
The rental markets throughout the country are already highly competitive due to a shortage of available rental properties. This has led to historically low vacancy rates and skyrocketing rents. This situation is especially pronounced in metropolitan areas, particularly in the apartment market, where strong demand drives up the pressure. Add to that the latest data…
The state of Australia’s rental market is concerning, with no signs of relief in sight. Advertised rents have surged while vacancies have hit historic lows, all due to a scarcity of rental properties. Over the past year, the demand has shifted from regional areas to the capital cities, particularly the unit market, as overseas migration…
