Have you considered what might bring this property cycle to an end? Our property markets have certainly shifted up a gear in the last few months and are swiftly gathering momentum. But as they say “all good things must come to an end” So, what will bring our rising property markets to a halt this…
![Employment surges back to pre-pandemic levels, unemployment falls sharply to 5.8% [7 charts]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/jobs-270x200.jpg)
Employment surged in February with jobs growth of 88,7000 which were all full time jobs. This meant our unemployment levels fell much more than expected, down five tenths to 5.8% from 6.3% in January (revised down from 6.4%) The surge in employment now takes the level of employment back to pre-pandemic levels with both full-time…
Warren Buffet has just two rules that investors must follow to ensure success. His first rule is Never lose money and the second is Never forget the first rule. So how can investors use this wisdom to profit in the current market? It would seem that getting into a growth market is the best way to avoid losing…
I’ve recently seen a few professionals and some business people who’ve left their wealth-building a little too late in life. They’ve come to me for advice on property investment in their 50’s (and one in his 60’s) saying they left their run late, hoping their business or practice would have provided for their old age….
There’s no doubt that the lending environment is different than it was a few years ago. The banks are in the business of lending money and they’re friendly than they have been for a long time now that they realise they don’t have to make provision for all those bad debts that were forecast only…
Australia’s economic recovery is inching forward, but a key reform designed to give it a shot in the arm – Treasurer Josh Frydenberg’s legislation to overhaul responsible lending obligations and free up access to credit in order to get more money flowing – is facing threats from overseas and at home. In what could be…
After suffering a challenging 2020, including a number of lockdowns, the Melbourne property market is on fire. And it is well documented that the price gap between Melbourne houses and units has widened over the last couple of years. While family-friendly apartments in smaller low-rise blocks are still popular, the closure of our international borders…
Westpac has lifted its forecast for dwelling prices with 10% gains now expected in both 2021 and 2022. The bank then expects this boom to be followed by a flattening out in 2023 as rising fixed-term interest rates, combined with prudential measures aimed at reining in the associated lift in leverage. These headwinds are not…
Some experts are claiming that our property markets are heading for a boom, while others are warning that we could soon be in a price bubble about to bust. There’s a huge difference between property booms and price bubbles. Bubbles invariably bust and when they do, housing prices end up much lower than where they…
Internal migration resulted in a net loss of 11,200 people from Australia’s capital cities in the September quarter of 2020, according to Australian Bureau of Statistics data released this month. At the same time, some regional areas experienced significant growth in house prices as demand for properties increased. So this has raised the questions: are…
