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Australia’s Top 10 Property Price Growth Areas

By | 2019-08-23T12:10:01+00:00 August 23rd, 2019|News|

Australia has many rising markets charted by an increasing number of house and unit sales. Market sentiment appears to be spurred on by the Reserve Bank cutting interest rates to historic lows this year, APRA removing the 7 per cent interest rate buffer on mortgage lending, and negative gearing left unchanged. Following a period of decline in some markets, Hotspotting.com.au founder Terry Ryder

The typical household is worse off than ten years ago

By | 2019-08-23T11:46:22+00:00 August 23rd, 2019|News|

The official figures show things are fine, but Australia’s most comprehensive tracking survey finds the typical household is worse off than ten years ago Today’s release of the 17th wave of Australia’s Household, Income and Labour Dynamics Survey (HILDA) tells us that despite the official statistics, people are right if they feel they are going backwards. Funded

Stagnant Wage Growth Weighs on Living Standards

By | 2019-08-23T10:51:14+00:00 August 23rd, 2019|News|

Australia’s living standards have stagnated since the global financial crisis, with median household incomes remaining flat since 2019, according to a major national survey. The Household, Income and Labour Dynamics in Australia (HILDA) report from the Melbourne Institute of Applied Economic and Social Research, which has been tracking 17,500 people across 9,500 households since 2001,

Why women dominate real estate purchase

By | 2019-08-23T10:41:17+00:00 August 23rd, 2019|News|

Exclusive research by Raine & Horne has found that almost three-quarters of click-throughs on homes advertised through their digital marketing tool, Amplify, are made by women. By comparison, just 28 per cent of click-throughs are made by men. “Women have long been recognised as the important decision-maker when it comes to selecting a home,” said

Loans Data Shows Buyers Active

By | 2019-08-23T10:44:20+00:00 August 23rd, 2019|News|

The latest lending figures released by the ABS confirm renewed confidence among home-buyers. Australians borrowed 2% more in June than they did in May. Financing issued to owner-occupiers rose 2.4% to $12.4 billion, while investment loans increased 0.5% to $4.37 billion. The figures do not include refinancing. "In June, we saw rises in new lending

If you’re feeling the urge to spend…here’s what you should do

By | 2019-08-23T10:44:49+00:00 August 23rd, 2019|News|

You are not your spending thoughts. Spending without thinking about the long-term consequences is a problem. And by the long term, I mean just 30 days from now when the credit-card statement arrives. Some people label this type of spending “impulsive.” Others use the word “urge” to describe the feeling that comes just before they

Almost half of Australians live pay to pay

By | 2019-08-23T10:46:04+00:00 August 23rd, 2019|News|

Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost

What does financial fitness mean to you

By | 2019-08-23T10:46:39+00:00 July 18th, 2019|News|

35% of Australians are embarrassed by financial situation. Mortgage Choice and CoreData’s Financial Fitness Whitepaper has revealed that a significant number of Australians are embarrassed by their financial situation. 34% of respondents say they feel embarrassed by their financial habits. Furthermore, it revealed that 42% of Australians feel embarrassed by their personal debt, and one third hide

Brisbane to see biggest house price rise of 20 per cent: BIS

By | 2019-07-18T09:37:10+00:00 July 17th, 2019|News|

Brisbane house prices could rise up to 20 per cent over the next three years, the largest increase in national house prices for the period, according to BIS Oxford Economics. The economic forecaster expects the increase in Brisbane’s median house price over the three years to June 2022, although it anticipates most of this growth