The US dollar has risen as rising coronavirus cases and doubts over the speed and size of US stimulus tempered traders’ upbeat mood.
ECONOMY
The economy faces headwinds in the new year as it continues to grapple with the impact of the coronavirus, but growth is set to pick up earlier and faster.
Australia’s economic recovery looks set to continue at a solid clip in the early stages of 2021, building on the strong rebound from the COVID-19 recession.
Consumer confidence has surged for the fourth consecutive month to reach its highest level since October 2010.
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The Australian Dollar looks set to extend its push to fresh yearly highs in the coming week, buoyed by robust economic data and a return to normalcy.
What most crystal ball gazers don’t recognise is that the property market is all about finance, not economics.
More Australians could go into "negative equity", where the value of their property falls below the outstanding balance on their mortgage, according to the RBA.…
Scott Morrison and Josh Frydenberg say it will be a “jobs budget” with the aim of driving the recovery out of the first recession since the 1990s.
Australian Property Investor Magazine
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Australia appears to be heading in the right direction out of the COVID crisis, but there remains more questions than answers for commercial property investors.
Amid the mixed signals in the Melbourne property market are warning signs and hints that the worst is over.
Homebuyers are prioritising lot size over near-city locations and the size of new houses is growing at its fastest rate in more than a decade, with the COVID-inspired shift of buying preferences expected to be a lasting phenomenon.
Hobart continues to lead the nation for profit-making home sales, with profitability across markets tipped to rise in the coming months as low mortgage rates, improving economic conditions and rising consumer sentiment combine to result in an increase in happy vendors.
A lack of housing stock for sale has become a national theme as property markets position themselves for a vaccination-led post-COVID recovery on steroids.
Cedar Woods CEO Nathan Blackburne tells us he is expecting a resurgence of investors in 2021, and also reveals the markets where the ASX-listed developer is banking on the biggest growth.
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2020 has proven to be full of uncertainty due to the global pandemic, plummeting economic markets, closed boarders and increased political tensions. Many expatriates have been caught in the crosshairs and face uncertain futures.
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