The Australian dollar has risen amid rising optimism about the economic outlook.
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A fundamental shift in Hong Kong’s economy is starting to take place.
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Airbnb bookings have been decimated in popular Australian locations, threatening to send overleveraged investors into financial peril.
A tax expert has warned it’s “inevitable” that a looming deadline will end up hurting taxpayers’ wallets as the coronavirus crisis rages on.
The coronavirus crisis is unlikely to make real estate affordable for young, first-home buyers despite predictions of double-digit price falls, experts say.
The concept that owning property is a license to print money is under threat.
HSBC has forecast property prices will fall nationally, and it says Sydney and Melbourne are the most vulnerable markets.
Rents for Sydney houses have fallen to their lowest point since 2013, while some Melbourne tenants are finding landlords willing to negotiate reductions.
Australian Property Investor Magazine
Australian Property Investor Magazine this week sat down for a virtual coffee with leading Melbourne academic, Sam Tsiaplias, a senior research fellow in the Macroeconomics Research Program at the Melbourne Institute of Applied Economic and Social Research.
Property market headlines around Australia right now are full of doom and gloom. They are usually based on a worst-case scenario, which includes a long and drawn out economic downturn on the back of the COVID-19 pandemic, but is this what we now expect?
In the time between this article being conceived and written, pretty much everyone has already lost interest. And interest rate markets are pricing in a more than 50 per cent chance that they will have lost even more interest soon after publication.
ANZ is facing criticism for increasing its two-year fixed interest rates by 10 basis points, with a blowout in processing times resulting in many applicants not receiving the bank’s market-leading rate as advertised in late March.
Some harsh lessons have been dealt to the student accommodation sector, with international border closures delivering a sharp fall in occupancy rates.
ASX-listed developer Peet has launched a new online toolkit to educate first homebuyers, with coronavirus-related lockdowns creating strong opportunities for the company to digitally connect with potential customers.