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First Home Owners Push up Prices

News 124
Posted at 01 July, 2009

TWO-thirds of Australians believe the federal government's more generous first homeowners grant is pushing up house prices, a new survey shows.......

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Inflation at seven-year low

News 123
Posted at 01 July, 2009

AUSTRALIA'S annual rate of inflation has slowed to a seven-year low as the downturn in the economy restrains price rises, a private-sector survey shows. The TD-Securities/Melbourne Institute inflation gauge rose 0.4 per cent in June, following a 0.......

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6th Interest Rate Rise in a Row

News 146
Posted at 01 June, 2009

The Reserve Bank has again slugged the nation's borrowers, raising its key interest rate today for the third month running as it moves to keep inflation in check. The central bank lifted its cash rate by a quarter of a percentage point to 4.......

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Building Approvals Up

News 122
Posted at 01 June, 2009

Building approvals rose across Australia for a second consecutive month in March helped by lower interest rates and boosts to governments grants for first home buyers, economists say. Australian building approvals rose 3.......

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Fixed Rate Time?

News 121
Posted at 01 May, 2009

Borrowers are enjoying generational low interest rates but should consider switching at least a part of their home loan to a fixed mortgage, a leading mortgage broker says.......

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RBA cuts rates by .25 basis points to 3%

News 120
Posted at 01 April, 2009

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to 3.00 per cent, the lowest level since 1960.......

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Robina Rocks On

News 119
Posted at 01 April, 2009

The Robina area has been one of the most active on the Gold Coast, in terms of both new apartment sales and re-sales in the period from 2002 to the end of 2008, according to research just released by Colliers International Research.......

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FIRST-home buyers are saving grace

News 118
Posted at 01 March, 2009

FIRST-home buyers are the saving grace for an embattled property market. They are jumping into home ownership at record rates, bringing calls for an extension of the First Home Owner Grant which runs out on June 30.......

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Affordability

News 117
Posted at 01 March, 2009

AUSTRALIA'S central bank chief says housing affordability is improving and that lower interest rates will spur a revival in the building sector.......

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Another Rates Drop

News 116
Posted at 01 February, 2009

The Reserve Bank of Australia (RBA) has announced today the 3rd of February 2009 that the Official Cash Rate will decrease 100 basis points. Therefore the Official Cash Rate has declined to 3.25%.......

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