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. . . . . Property analysis firms SQM Research, Domain and CoreLogic, AMP Capital chief economist Shane Oliver who was one of the first to tip the big downturn, BIS Oxford Economics, ANZ, and the Reserve Bank of Australia.......
. . . . . While much has been made of Australia's $7 trillion housing market bottoming out in 2019, strong auction results, improving access to finance and interest rate cuts has prompted forecasts that the trough may be brought forward.......
. . . . . Lower housing values are becoming increasingly attractive to first home and prospective buyers previously priced out of the market.......
. . . . . Nationally, first home buyer activity declined 5.8 per cent over the 12 months to December 2018, while softening markets New South Wales and Victoria saw first home buyer activity increase by 2.......
. . . . . The Reserve Bank has cut the official cash rate for the second month in a row to a fresh record low of 1 per cent as it desperately tries to pump some juice into Australia's stalling economy.......
. . . . The number of homeowner's behind on mortgages have climbed back to 2010 levels, although the Reserve Bank says this does not pose a risk to the financial system.......
An eco-tourism experience will see visitors sleep three metres beneath the ocean's surface in a new sustainable "floating" hotel planned for the Great Barrier Reef.......
. Tenants may not be too happy but Landlords are laughing all the way to the Bank. Gold Coast tenants are forking out some of the highest prices for rent in Queensland despite property experts predicting demand would drop following the Commonwealth Games.......
. House prices will suffer falls of up to 20 per cent, with a weak housing market likely to continue through 2019, according to Morgan Stanley research. Doubling its previous estimates to match the bleaker forecasts of AMP and ANZ earlier last year.......
The Reserve Bank of Australia's (RBA) resolve to keep the official cash rate on hold at 1.5% this week, for a record 27 months, is expected to continue offering support to the nation's economy at its current rate setting.......