The Perth property market continues to show some signs of a possible turn around with the state economy and the jobs market getting ready for another growth stage. With multiple mining and construction projects getting ready to ramp up in the states North-West, it has been estimated that there will soon be another 10,000 more […]

Markets are pricing in a 72% chance of a rate cut when the RBA meets this week. However, history suggests that we don’t often see two interest rate cuts in a row. If the cut is to come to fruition as the market expects, the cash rate would fall to 1.0%, after getting chopped to […]

Australian property owners overseas will now lose their capital gains tax exemptions for the family home after proposed legislation made its way through the Senate. Expats will now have until June 2020, to sell their family home or they will be forced to pay capital gains tax on any transaction. The changes, which were led […]

Auction results were strong for yet another week, as buyer demand continues to outstrip supply. Across the country, the latest CoreLogic data has shown that the national preliminary auction clearance rate came in at 74.5% from a total of 2,837. This was the second busiest week of the year, however, the numbers were down slightly […]

The reality for APRA was that interest rates were not headed anywhere near 7% anytime soon. As a result, there was much to celebrate for both lenders and borrowers as APRA officially removed the 7% serviceability buffer that it had previously been requiring banks to assess borrowers against. Interest rates have been falling sharply as […]