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Confidence in the ACT property market has surged.
CONFIDENCE
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Data from InfoTrack shows that the 3.0% of cumulative interest rate hikes from the Reserve Bank of Australia (RBA) has tanked property sales.
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Rental properties now sit on the market for just 19 days, according to a national report highlighting the intense pressure house-hunting tenants are under.
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The Omicron wave of COVID-19 cases in South Australia hit both business and consumer confidence, a new report has found.
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While confidence remains relatively stable, strong November results for the retail sector could trigger false hope, economists warn.
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Almost 60 per cent of Perth survey respondents thought WA prices were likely to increase in the next six months.
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Economists at Australia's largest retail bank are predicting a robust economic outlook, but have also warned of a build-up in inflation pressures.
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Fewer respondents to a survey were confident that now was a good time to invest in property compared to last year.
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Inflation expectations for the next two years jumped 0.3 percentage points to five per cent, the highest level since December 2014.
Australian Property Investor Magazine
Latest Articles
In his first column for API Magazine, development expert Greg Devine says developers' margins are tight but 2024 represents an opportunity for progress as building cost pressures begin to ease.
The Real Estate Institute of Australia has named two prominent real estate industry women in the roles of president and deputy president, with former REINSW President Leanne Pilkington taking the helm.
At a time when the household saving to income ratio declined to its the lowest level in 16 years, new data has revealed that home ownership remains the biggest source of personal happiness.
The most recent interest rate hike has had minimal impact on the Brisbane real estate market but there are other pressures acting as obstacles to further price rises.
Improved inflation figures have encouraged the Reserve Bank of Australia (RBA) to hold off on a December interest rate hike.
Commercial property is becoming an investment of choice for a broader cross-section of investors but there are some steps to take to ensure the best prospects of success.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
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