While the combined net worth of Aussie households is now $9.405trn, levels of private debt have also reached record highs
The advent of higher mortgage rates and tighter lending standards at a time of sky-high household debt could lead to unintended consequences, one analyst warns
The opposition’s housing affordability policy would pre-empt the government’s package in the May budget
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The outlook for Australia’s residential construction industry in 2012 remains far from rosy, with a turnaround in fortunes unlikely in the first half of the year.
A new report has revealed that recent homebuyers are more likely to be among those owning houses valued at less than their purchase price, with the nationwide percentage of dwellings in ‘negative equity’ at almost 5%.
Rents have increased across the country as a result of greater competition for rental properties and a soft homebuyers market, according to a recent rental price index.
The results of a worldwide property report have compared capital growth in several of the globe’s key property markets. Australia’s performance may come as a surprise.
Don’t miss this one-day conference that will draw savvy property investors together to hear from leading economists and industry experts on the future of the property market.
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.
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