Dubai debt crisis could delay rate rise
Dubai's debt crisis may have frightened the Reserve Bank of Australia (RBA) into holding off an interest rate hike. The RBA meets tomo...
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Rents in Australia set to skyrocket
High demand and low apartment vacancy is expected to push rental rates up sharply for the next two years. According to BIS Shrapnel's ...
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Insights into why people move
The ABS recently released the results of their Housing and Mobility Conditions Survey and some of the findings are imperative for property i...
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Sydney house prices up $39K in the past year
The typical price of a Sydney house is $607,000 after climbing $39,000 in the past year. The typical price of a Sydney unit is $457,000 afte...
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Boomers and retirees are renovating
According to Ric Battellino, deputy governor of the Reserve Bank, around half of all housing finance is for alterations and renovations. ...
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UK mortgage lending up 5% in October 2009
Signs of recovery in the UK property market are appearing after October figures showed a 5% rise gross mortgage lending. October 2009 gros...
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Rents up everywhere
Rents on houses increased 3.4% to $422 a week nationally over the 12 months to October 2009, while apartments rose 4.1% to $409. According...
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Banks pressure small business for deposits in exchange for loans
According to The Australian Financial Review, small businesses are sucking up interest losses on deposit in an effort to secure a loan. In a...
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Mortgage stress on the rise again
More than half a million households in Australia are currently experiencing ‘mortgage stress’ according to Fujitsu Consulting. The number of...
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One in three mortgage enquiries not meeting bank criteria
One in three mortgage enquiries will not fit the current lending criteria set by banks, according to Loan Market Group. The firm's chi...
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Seven Ways that Personal Finance Software can help you...
With the proliferation of online personal finance software tools coming into the market, it begs the question as to why you might want to si...
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Costs to rent or buy near parity: ABS
According to the Australian Bureau of Statistics (ABS), the costs associated with renting or owning a home are on par. Figures from ABS sh...
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Green loan available
Westpac will introduce a new interest free ‘green loan’ that will help families install solar, water saving and energy efficient products th...
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Banks slug small business with high interest rates
Interest rate margins on small business loans have increased greatly over the last two years. In 2007 loans to small and medium sized busine...
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Major banks match rate rise
The major banks matched the Reserve Bank of Australia's official rate rise of 25 basis points yesterday, but more hikes could be store f...
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Most borrowers reject fixed rate
Most homeowners are choosing to stick with their variable rate mortgages with only ten per cent saying they are opting to fix their rate now...
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