The Reserve Bank of Australia (RBA) announced the cut of cash rates by 25 basis points down to a low 3.5%. Home owners nationwide breathed a sigh of relief as banks began to follow suit by decreasing their home loan interest rates.......
It is interesting reading statistics from analyses reports, BUT the one thing we MUST bear in mind is that if only two properties are sold in one month; and then the next month only one property is sold; that one sale can be reported as a 50% INCREASE.......
CHINA'S mega-rich have begun putting their bets down on the Gold Coast, investing millions of dollars in development sites up and down the Glitter Strip.......
The Reserve Bank has handed borrowers and the struggling non-mining sector some financial relief, slicing interest rates by 50 basis points in a surprise move. At its May meeting the board of the central bank cut the cash rate to 3.......
The new Queensland Premier Campbell Newman has taken the first steps to reduce real estate red tape including scrapping the much-maligned sustainability declaration forms, and reinstating transfer duty (stamp duty) concessions from 1 July 2012.......