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Today’s housing crisis is worse than the 17pc home loans of the 1980s

Today’s housing crisis is worse than the 17pc home loans of the 1980s Caitlin Fitzsimmons Published: February 26, 2017 – 12:15AM “But we paid 17 per cent interest on our mortgage!” This line is often wheeled out by older generations to explain why younger people don’t really have it tough in today’s housing market. It’s...
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Land Tax could be the real balance for property growth for investors

http://www.theage.com.au/business/property/bill-shock-for-landlords-as-land-tax-skyrockets-20170224-...
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Is it still a sellers market?

There were 2,280 dwellings auctioned off in Australia’s capital cities in the week ending 19 February, marking it the first time the number of auctions had surpassed the 2,000 milestone in 2017. According to CoreLogic’s Property Market Indicator Summary, there were 689 more properties put up for auction last week, up 43 per cent on...
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live streaming app to revolutionise real estate auctions

A Melbourne start-up is capitalising on our love affair with auctions by developing an app to enable consumers to watch auctions either live or on demand from anywhere in the world. A potential buyer can “virtually” attend dozens of auctions across several states over a weekend....
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85 per cent of Aussie homeowners don’t know their own interest rate

WANT to know why it feels like you have a leaky wallet? A whopping 85 per cent of Aussie homeowners don’t know their interest rate yet 94 per cent know their mobile number. Latest “Know your numbers” research by UBank has found homeowners could save tens of thousands of dollars if they reviewed their interest...
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RBA Rate Announcement

A steady start to 2017. Despite the tumultuous political and economic landscape across the world, the Reserve Bank of Australia (RBA) has elected to leave the cash rate on hold at the record low of 1.50%. Whilst the hold was widely predicted by economists, there is still a strong belief in the market that rates...
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Interest Rates in Australia

RBA Cash Rate:

1.50%

Next RBA meeting:

7/03/2017

Last months RBA Decision

- 0.00

RBA Rate Change last 12 mths:

-0.50%


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