Mortgage referrers cannot provide advice to consumers, or assist them in any way when applying for a loan, said ASIC
Despite new taxes and Aussie bank lending restrictions on offshore investors, foreign buying surged last year and is expected to grow further this year and next
Net overseas migration accounted for 55% of Australia’s total population growth last year
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Australia’s property market will return to positive territory on the back of last year’s interest rate cuts, it has been predicted.
Japanese resources giant Inpex has made the long-awaited announcement that its $33bn Ichthys gas project will go ahead, fuelling speculation that Darwin’s property market is set to take off.
The $10,000 Queensland Building Boost Grant has been given a three-month extension, it has been announced.
First time buyers are expected to be the major players in the property market this year, according to a nationwide poll of mortgage brokers.
Sydney and Perth will be the property market’s standard bearers this year, with investors and first home buyers pushing up each city’s real estate values by up to 5%, it has been claimed.
As property investors take stock of the New Year, the possibility of financial institutions relaxing their lending rules in the year ahead remains unlikely – and there’s a simple reason why.
The New Year has ushered in what looks to be a mixed outcome for housing markets, with some of 2011’s worst performing capital cities set for a recovery just as other markets weaken.
The Reserve Bank decision to cut the cash rate in December has been revealed as a close decision, with the board having to weigh Australia's boom against a European bust.
Australia’s chronic property shortage is set to be one of the key issues underlying the real estate market for years to come, and will drive up the demand for units, says the government’s housing supply advisory.
Home improvements, highly publicized market trends and flood damage were among the top factors that impacted property valuations in 2011, according to a group of valuers.
An increasing number of Australia’s worst performing suburbs for mortgage delinquency rates are located in tourist destinations, according to a new study.
Perth and Brisbane will be 2012’s best performing capital cities, and both have the potential to record double digit median price growth next year, it has been claimed.
Western Australian households are the most financially comfortable in Australia, it has been claimed.
The pursuit of higher rental yields is the leading reason investors choose to holiday-let their properties, according to a recent survey.
The consumer caution that largely defined 2011 looks set to continue in 2012, as Australians aim to boost their savings in the year ahead, a new survey has revealed.
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