Feed on
Posts
Comments

Monthly Archive for July, 2016

Now that the federal election is behind us, many Melburnians are wondering how the outcome will affect our local property market. During the election campaign, as predicted, buyers were more cautious with some adopting a ‘wait and see’ approach. There are fewer auctions scheduled across the election weekend and sales numbers were down. It’s usually […]

Read Full Post »

  The latest housing finance figures released this month by the Australian Bureau of Statistics (ABS) confirm a moderating housing market. The Real Estate Institute of Australia (REIA) says the figures for May 2016 show, in trend terms that the number of owner-occupied finance commitments fell by 0.2 per cent – the fourth consecutive month […]

Read Full Post »

The popularity of global accommodation website, Airbnb continues to grow. In Melbourne alone, the number of properties available to rent via the site has doubled in the past year to more than 6500. As a result, both landlords and tenants alike are wondering where they stand when it comes to leasing out a rental property […]

Read Full Post »

At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent.  The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China’s […]

Read Full Post »