The RBA has slashed interest rates in the first cash rate move in almost three years. The move was widely expected, and no doubt the focus will now turn to mortgage rates; how low will they go?
Buyers using the First Home Super Saver Scheme can now enter into a contract without having to wait for cash to be released from their super fund first.
Housing affordability has improved substantially since Budget 2018, but could last night’s Budget have done more?
Josh Frydenberg will unveil the Federal Budget, his first as treasurer, in Canberra tonight. With all eyes on Prime Minister Scott Morrison as he prepares to announce the date of the next federal election, tonight’s Budget is an important step in the Coalition’s bid for re-election.
Don’t give in to the fear about the housing market and falling property prices. This is not the beginning of the end; it is an opportunity.
As the housing market continues to fall sharply around most parts of Australia, the risk of the current credit squeeze turning into a credit crunch is real and is rising.
Newcastle and other large regional cities are some of the east coast’s best-performing property markets, due to the Sydney and Melbourne ripple effect.
After five years of growth, property prices have now dropped 2.7% annually across the country. So is that a reason to buy now or wait?