Thursday, 02 July 2015 | by Nick Bendel It scarcely seems possible, but Australia’s two largest markets are only getting hotter. Sydney’s median house price reached $900,000 at the end of June after growing 17.8 per cent over the year, according to new statistics from CoreLogic RP Data. That compared to a growth rate of
Mount Waverley the top growth suburb in Melbourne, Victoria Latest data from The Real Estate Institute of Victoria shows that Mount Waverley is the fast growing suburb for houses in Victoria. Mount Waverley is growing at a fast pace due to high demand from families, particularly wealthy Chinese, looking for good schools (some of the best
It has been reported that some trade unions are calling for a halt to Australia’s temporary work visa programs until the full senate Inquire concludes its findings. Unions are calling for a crack down on 457 visa and working holiday visa programs as well as the labour hire sytem and rogue operators. Unions have provided
Financing your property development project: How to get your funding approved Property development can be financially rewarding if done right. However there are many potential pitfalls that need to be avoided in order to make your project a success. Finance is not the most sexy part of property development but it is arguably one of
The Today show money correspondent Ross Greenwood advised the full 25% rate cut savings was worth $3.34 billion in potential stimulus – money back in the economy. But not all banks are passing on the full cash rate cut. With some $1.33 trillion in home owner and investor home loans, Greenwood calculated that on all banks passing
Some of Australia’s biggest banks are under attack for failing to pass on in full to home loan customers the Reserve Bank’s interest rate cut. Only one of the nation’s big four banks, ANZ, has followed the RBA’s lead and cut standard variable home loan rates by 25 basis points. ANZ’s rivals, the Commonwealth Bank
Negative gearing: Labor treasury spokesman Chris Bowen says any changes to be taken to election PHOTO: Economist Saul Eslake says first home buyers are missing out in favour of negatively geared investors.(Ian Cutmore) Shadow treasurer Chris Bowen has left open the idea of Labor going to an election with a policy of winding back negative
Australia has a construction boom but it is restricted to the big multi-dwelling projects. Australia has a construction boom but it is restricted to the big multi-dwelling projects. Australian building approvals are are at all time highs. In the 6 months to February they have risen 12% in trend terms. A range of factors have
Did you know that medical doctors get special consideration from the banks and lenders in Australia when applying for a home loan? Well, they do. Medical doctors and other medical professionals such as: Anaesthetists, Dermatologists Oral and Maxillofacial Surgeons General Paediatric doctors Cardiologist Clinical Geneticists Clinical Pharmacologists Endocrinologists Nephrologists Neurologists Rheumatologists; and many other medical
Foreigners are taking the blame from some for housing unaffordability in Australia Australians appear obsessed with property. Over recent years numerous ‘reality’ television shows have popped up about property in Australia (seems Aussies are also obsessed with cooking based on the prevalence of reality cooking TV shows, or maybe eating good food out at restaurants).
- Property price growth soars in Sydney and Melbourne
- Mount Waverley the top growth suburb in Melbourne
- Unions call for a stop to Australian temporary visa programs
- Financing your property development project
- Full rate cut was worth $3.34 billion in potential stimulus
- Australian Banks rebuked over home loan rate cuts
- Negative gearing: Labor treasury spokesman Chris Bowen says any changes to be taken to election
- Australia has a construction boom
- Why do doctors get special consideration by the banks?
- Are foreigners really causing housing unaffordability in Australia?