Latest Property News

  • Property proves very resilient

    Don’t always place too much emphasis on what you read in mainstream media. There has been loads of reports and statements to say that property will drop considerably in value. Everything from 10 – 30 % drops were spoken about. However, what you must remember is that the most sensational predictions only will sell papers,

    June 15, 2020
  • NAB Unemployment rate prediction is lowered

    NAB economists Alan Oster and Gareth Spence suggested that unemployment will not be as severe as first predicted. They have lowered their previous prediction down to a maximum of 8.5% unemployment. While this is higher that pre COVID levels, this is still very manageable and means that 91.5% of people are employed. Although the economists

    June 15, 2020
  • Consumer confidence back to pre-virus levels

    Westpac economic spokesman Bill Evans has released papers that show confidence across Australia is back at almost pre-COVID-19 levels. The papers show that confidence has risen sharply in recent weeks after Australia has proven that it has gotten on top of the virus with very little impact on the health of Australians. With only a

    June 15, 2020
  • RBA Cuts Interest Rates to a Record Low of 0.25 Percent

    The RBA has slashed the official cash rate to a historic low of 0.25 per cent in a bid to stem the economic damage from the coronavirus outbreak. 

    March 20, 2020
  • How the Australian property market is defying the coronavirus and COVID-19 outbreak?

    It’s still too early to predict the full scale of the coronavirus’ long-term impact, given the Australian outbreak is in its early stages. However, the past few weeks we have seen increased expectations of an Australian recession, a slowdown in business activity and trillions of dollars wiped off global share markets. But remember, the share

    March 19, 2020
  • RBA Cuts Interest Rates To a Record Low of just 0.5%

      RBA had their 1st Tuesday of the month meeting yesterday. It was decided to drop the cash rate from 0.75 to 0.5%. This is a new historical low. Strangely enough, most banks have passed on the cut to customers with interest rates dropping to under 3% on a “Best Rate” with many banks. This

    March 4, 2020
  • February 2020 – RBA keeps interest rates on hold

    No surprise that the RBA kept interest rates on hold at their meeting earlier this week. With the impact on the economy from bushfires and the uncertainty surrounding the corona virus the RBA thought it was prudent to leave things as is and keep the option for a rate drop up their sleeve. Many forecasters

    February 6, 2020
  • House prices could jump by 14% in 2020 according to SQM

    Louis Christopher has recently stated that the housing market could jump considerably in the next calendar year. In his latest report Housing Boom and Bust Report 2020 he anticipates that if factors align things could be very good for investors. The market looks set to grow, “following on from the surprise result of the Federal

    November 26, 2019
  • Property Hotspots – Are they Useful in terms of Long Term Property Investment?

    In the 6 years following 2010 investors and home owners in Sydney and Melbourne did extremely well with those markets doubling in value. Both Sydney and Melbourne came to grinding halts in mid 2017 and have been in decline since. For an investor in those markets who has made a killing it is very hard

    November 26, 2019
  • 2019 in Review and looking forward into 2020 – Continued increase in Property values!

    As 2019 comes to a close, it is important to look back and review what has happened and changed within the property market as a whole, and reflect on how these changes are likely to impact the coming year. The continued low interest rates have resulted in a change in renting/owing percentages. This year has

    November 26, 2019
  • RBA drops rates again – October 2019 Update

    The RBA has dropped the cash rate again for the third time his year. The cash rate now sits a historic low of 0.75%. This is great news for property investors and those looking to get started in property investing. While not all banks have passed on the rate cut yet, a few have and

    October 2, 2019
  • What are “boom” ingredients?

    Given the historical low interest rates that we are having at the moment many people believe that the only ingredient to a boom in property prices is low interest rates. Hence, they are hoping that they go further down to create a stimulus. But low interest rates are not the only ingredients to a property

    September 11, 2019
  • Interest rates Stay on Hold – September 2019 Update

    Good news for property investors that rates have stayed on hold for another month. The next anticipated move will likely be downwards. The RBA remained on hold at a record low cash rate of 1% at its September board meeting as was anticipated. This followed 0.25% rate cuts in June and July. The Bank’s notes

    September 11, 2019
  • A portfolio of 9,400 properties? Yes – If you are Harry Triguboff

    Developer and billionaire Harry Triguboff has just clicked over 9,400 properties in his personal portfolio. Triguboff’s company “Meriton” is one of Australia’s largest residential developers. Triguboff himself likes to hold assets where possible rather than sell. This means he has amassed a massive portfolio. He has a very positive outlook on the current property market

    July 25, 2019
  • Loan availability now much easier

    Loans will now be much easier to get now that the assessment rate floor has been dropped across all banks. The rate has been dropped from 7.5 % down to as low as 5.3% with Macquarie bank. By dropping the floor rate it means that servicing for loans become much easier. Prior to the floor

    July 25, 2019
  • RBA to cut rates to 0.75% in October and 0.5% in Feb

    Westpac have now brought their anticipated drop in rates forward 0.25% in October 2019 and another 0.25% in Feb 2020. Their chief economist Bill Evans has cited the need for the RBA to stimulate the economy. Although unemployment remains low at 5%, the RBA would like to see that drop even further. He has said

    July 25, 2019
  • Brisbane set to increase by 20% according to BIS Oxford Economics

    The latest Residential Property Report released by BIS Oxford Economics suggests that Brisbane will increase in value by 20% over the next 2 years. The report states that Brisbane will lead the growth in any of the capital cities over the next few years. The reports says that Hobart is set to slow right down

    July 25, 2019
  • RBA Cuts rates again – July 2019 Update

    The cash rate moved to an historic low yesterday as the RBA did back to back rates cuts. The cash rate now stands at 1%. This is the first time the RBA has cut in consecutive months in over a decade. Some economists are even predicting further rate cuts and are anticipating that the cash

    July 3, 2019
  • Here comes EOFY – Accounting for property

     The dreaded EOFY accounting rush is upon us. Everyone frantically trying to gather up lost receipts and making sure everything is in order for your business. But property accounting should not be as stressful as a business. Often it is the thought of doing it is actually worse than the doing. There are just

    June 20, 2019
  • WA’s West Pilbara takes the crown of the biggest loss

    While there were great gains to be made in WA’s Pilbara region during the mining construction boom, those gains have come off drastically with losses in the region at almost 60%. This gives the region the crown of the biggest loser in Australia. I am not a believer in investing in any regional markets that

    June 20, 2019
  • HTW latest property clock confirms that Brisbane is on the up

    The HTW property clock was recently released with Brisbane and Adelaide being the only 2 capitals with growth ahead. According to HTW Sydney and Melbourne are still in decline and will be for quite some time. It appears that Perth may have bottomed out but without more mining construction, Perth will always struggle.

    June 20, 2019
  • Further Rate Cuts Expected

    The minutes from the RBAs latest meeting point towards another drop in rates later this year. Rates that are already at historical lows are expected to drop even further making Brisbane’s property market even more enticing. “Financial market pricing implied that the cash rate target was expected to be lowered by 25 basis points at

    June 20, 2019
  • Access to lending about to get easier

    Over the last couple of years access to funding has become quite difficult for investors. With the introduction of APRA disallowing lending to investors from banks following the Sydney and Melbourne property booms and then following that was the Royal Commission where banks took self-regulation to a whole new level. These restrictions meant it has

    June 12, 2019
  • Interest rates get cut

    After nearly 30 meetings and an unprecedented fix on rates, this week the RBA cut their cash rate to a historic low of 1.25%. It is the first time rates have been cut in 3 years. This is wonderful news for investors and means it is even easier to hold investment property. Tuesday’s cut should

    June 12, 2019
  • Business as usual – Liberals win the election. What next?

    Confidence has really come back to the Australian economy with the Liberals winning out over Labour. Labours drastic tax reforms and higher taxes were just too much for the Australian population who voted in May to retain the stability and economic management of the current Liberal government. It was the “un-loosable” election but Labour managed

    June 12, 2019
  • Property Markets May See A Rebound Soon

    It has been a great month for property investors around Australia with lots of positive news coming out: Stable Liberal government gets re-elected The “interest rate buffer” of 7.5% set to decrease RBA drops interest rates to an all-time low after nearly 3 years. All of the above a very positive factors for investors. They

    June 12, 2019

The Government is allowing early access to super savings for people affected by Coronavirus (COVID-19). If eligible, you can apply online through myGov to access up to $10,000 of your super before 1 July 2020, and a further $10,000 from 1 July 2020 to 24 September 2020. Check the video below for more details. ... See MoreSee Less

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Tax season 2020! Soon you can officially start to lodge your tax returns. What is this mean for property investors? Check this video out! ... See MoreSee Less

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