Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
NEWS & INSIGHT
First home buyers are plunging into the market during the pandemic, but for most, it’s taken a good few years of saving to get to the point of purchasing.
The Southern Moreton Bay Islands have enjoyed renewed interest in a COVID-19 property market.
Westpac believes the RBA is gearing itself for an interest-rate cut on the same day the Federal Government delivers its budget.
A landscape designer has sold a Toorak property for more than double the $10 million he paid for it four years ago.
A risk management residential property researcher has identified a number of "danger zones" for overpriced, off-the-plan apartments.
Property lenders say they have no intention of sitting on their hands as the sector emerges from the depths of the COVID-19 crisis.
The US Dollar had a bumpy week and it was a topsy-turvy week for the Aussie Dollar.
Flipping houses has quickly grown in popularity but making a quick buck is not as easy as it once was.
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Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Metricon Homes has continued its reign as Australia’s most prolific homebuilder, the fifth consecutive year it has built more houses than any other company.
Speculation is mounting around the prospects of further reductions in the official cash rate by the Reserve Bank of Australia, with some of Australia’s biggest banks slashing variable home loan rates.
The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.
Clearance rates have fallen and new project launches are getting scarce, but research from Urbis shows apartment markets across the country are holding relatively firm despite the challenges of the pandemic.
COVID-19 has created a sellers’ market in the City of Churches, and it is easy for buyers to pay too much or purchase something that is not ideal.
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