Growth in the number of loans for residential investment properties is outstripping lending for owner-occupier homes, a survey reveals.
Homeowners dodged a bullet in this year’s Budget, with multi-billion tax breaks failing to come under scrutiny.
Baby boomers are buying and upgrading property to get around pension rules, according to one research group.
The Canadian Pension Plan Investment Board has invested around $6.7 billion in Australian property over the past 18 months.
Single pension recipients will receive an extra $15 a fortnight from today, but rents for public housing in several states are set to absorb it.