property markets

The week that was in property  |  Tim Lawless

Here’s this week’s property market wrap… APRA recently sent a letter to all Australian authorised deposit-taking institutions (ADIs) about reinforcing sound residential mortgage lending practices. The letter states that APRA has been discussing with other members of the Council of Financial Regulators (CFR) further steps that could be taken to reinforce sound lending practices and mitigate…

More people are buying properties than you think

Australians borrowed $200 billion last year to buy a residential property. Now despite the gloomy commentary last year, this volume is just $15 billion or 7% less than the 2007/08 market peak. The current level of annual residential mortgage borrowings has been consistent for many years.  Sadly, ‘steady’ doesn’t generate a headline or a tweet. But steady…

Why Australia will experience another boom

You probably come to this blog to read about property investment so the subject of this blog probably made you think I was talking about real estate. In fact today I want to discuss why Australia will have another economic boom, and that must be good for our property markets.

How will the mining boom look a year from now?

The Bureau of Resources and Energy Economics (BREE) released their September quarter update on the resources and energy sector this week which revealed a fairly upbeat assessment of Australia’s resource driven exports sector.  The BREE update highlights that prices for key Australian commodities are falling and further falls are expected.  Providing some counterbalance to the lower prices…