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Tag Archive 'economy'

Young Investors

For several years now, there has been a significant focus on how difficult it is for young people to break into the property market. Compared to 30 years ago, there’s now twice as many Australians renting, and for many Generation Y’s now in their 20’s and 30’s, buying their own home is still an unattainable […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. In Australia, the economy is growing at a moderate rate. The large decline in mining investment is being offset by growth in other areas, including residential construction, public demand and exports. Household consumption has been growing at a […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Low interest […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Commodity prices are above recent lows, but this follows very substantial declines over the past couple of years. Australia’s terms of trade remain much lower than they had been in recent years. Financial markets have continued to function […]

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June Market Update

New REIV data shows there has been solid price growth in Melbourne in the June quarter, defying a slowing economy and moderating national market.   In the three months to June 30, Melbourne’s median house price increased 3.6 per cent to a record high $725,000 – the largest price growth since September 2015. Growth was widespread […]

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At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. 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 […]

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  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 […]

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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 […]

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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 […]

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The latest housing finance figures released by the Australian Bureau of Statistics (ABS) confirm that the influence of investors on the housing market is abating. “Despite an increase in the value of investment housing commitments in trend terms of 1.1% this follows nine months of falling investor lending in response to the increase in mortgage […]

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