Inflation remains within RBA’s target range…
The latest inflation data, which were recorded before the USA’s recent series of tariff announcements, show further progress in the battle against inflation, making future interest rate cuts more likely. The annual headline inflation rate fell from 2.5% in January to 2.4% in February, according to the Australian Bureau of Statistics, which was the seventh […]
RBA Rate Cuts in 2025? What It Means for Homeowners, Investors & First-Home Buyers
Don’t miss our LinkedIn post where we first shared this exciting update! The chatter around interest rates has been non-stop, and for a good reason. With Westpac and ANZ now tipping the Reserve Bank of Australia (RBA) to start cutting rates as early as February, while NAB holds firm on a May forecast (for now), […]
Townsville’s Property Market Set to Boom in 2025: Here’s What You Need to Know
Don’t miss our LinkedIn post where we first shared this exciting update! Are you wondering where Australia’s property market is headed in 2025? If you think Sydney and Melbourne are the only places to watch, think again. There is one city that experts say will experience the biggest growth next year, Townsville. Located in North […]
Borrowers staying on top of mortgages, despite higher cost of living
Despite the rise in inflation and interest rates over the past two years, “nearly all borrowers continue to service their debts on schedule”, according to the latest Financial Stability Review from the Reserve Bank of Australia (RBA). “Households with lower incomes, including many renters, have felt these budget pressures acutely,” the RBA said. “Most mortgagors […]
Home loan commitments rise 13.3%
The value of new mortgage borrowing is continuing to increase, as more buyers enter the market and property prices – and therefore loan sizes – keep rising. Borrowers committed to $26.40 billion of home loans in February, according to the most recent data from the Australian Bureau of Statistics. That was 1.5% higher than the […]
Prices rising in 88.4% of suburbs in Australia…
Australia has hundreds of different property markets, which are often at different points in their cycle, so it’s common for there to be many markets where prices are increasing and many where they’re decreasing. Right now, though, the vast majority are in growth mode. An analysis of 4,625 house and unit markets around the country […]
Stamp duty costs rising, due to ‘bracket creep’
Stamp duty costs rising, due to ‘bracket creep’ New research by the e61 Institute and PropTrack has revealed there’s been a significant increase in relative stamp duty costs in recent decades. Back in the early 1980s, buyers in Sydney, Melbourne, Brisbane and Adelaide needed to do about one month’s work to cover the cost of […]
