Latest News

Savings
26 August, 2013
Since the global financial crisis in 2008, Aussies have stopped frittering their cash away in favour of saving their pennies instead. Australian households saved $800 billion in the 12 months to June 2013. That equals about 10 per cent of after...
06 August, 2013
The Reserve Bank of Australia has just announced a 0.25% reduction in interest rates leaving the official cash rate at a record low of 2.5%.The decision was anticipated by a number of economists and a speech by Glenn Stevens made last week indicated...
First Home Buyer Family
02 August, 2013
A recent Genworth Homebuyer Confidence Index report stated that 80% of non-property owners consider it unrealistic to save 20% deposit for a home. This confirms that housing affordability and saving for a deposit remain the biggest barriers to home...
24 July, 2013
As rents continue to climb across the nation, there are now a significant number of suburbs across Australia where it is cheaper to pay off a mortgage than rent a property.New research from RP Data has found that there are 692 suburbs where it is...
05 July, 2013
At its board meeting earlier this week, the Reserve Bank of Australia (RBA) left the official cash rate on hold for a second consecutive month.In an unsurprising move, the Bank said it was prudent to leave the official cash rate as is, which...
14 June, 2013
A recent report released by RP Data has shown that the Australian capital city housing market has started the year on a relatively positive footing. Capital city home values have increased by 2.3 per cent over the first four months of 2013.On an...
04 June, 2013
After an unexpected cut in interest rates last month, the Reserve Bank of Australia has decided to keep rates on hold at its June meeting.With the effects of last month’s cut still flowing into the market and the Australian dollar slipping below...
30 May, 2013
The trend of improving National Housing Affordability continues in 2013. The Housing Industry Association (HIA) Housing Affordability Index shows affordability increased by 1.2% in the March 2013 quarter. The index is now 12.8% higher than 12 months...
14 May, 2013
It might be time to start thinking about an investment property or biting the bullet on getting into your first home following recent information regarding rental properties.New research released by property agency RP Data shows that weekly rents...
25 April, 2013
Australia's population reached 23 million earlier this year according to the Australian Bureau of Statistics' (ABS) 12 month projections.The 23rd millionth person could have been a new born baby, but could equally have been a person coming to work...

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