Australia’s renters on the east coast may need to look a bit further afield to find more affordable places to live, with a new report revealing that the cheapest rents are found in Adelaide and Perth. Property investors however, may welcome news that the highest rents can be found in Canberra and Sydney.
ABS figures out today show first home buyers have continued to gain market share while the rest of the home lending market continues to fall.
New research from CoreLogic has found that auction volumes remain lower year-on-year, with the number of homes taken to auction over the first week of July less than that of the same time last year.
APRA’s decision today to remove the 7 per cent floor on home loan serviceability assessments will help take the brakes off Australia’s home loan credit crunch.
The RBA could cut the cash rate again as early as tomorrow however it’s unlikely the big four banks will pass it on in full.
The future has arrived. And borrowing money will never be the same again.
If you’ve been known to make the occasional cheeky bet, you soon may no longer be able to do so using a Macquarie Bank credit card.
Australians could receive up to 120,000 bonus Velocity points if they take out a new American Express Westpac Altitude Black Bundle.
RateCity.com.au data shows that over 47 banks have dropped their savings rates since the RBA cash rate cut on June 4, including ING, AMP, Bank of Queensland, ME, Suncorp and Bendigo, in addition to the big 4 banks.
For many lucky Australians, buying your first home can be a positive experience. But new research from St. George shows that the majority of applicants find the process emotionally draining.
Banks have been cutting mortgage rates left, right and centre – and it seems more interest rate reductions might be just around the corner.
Hostplus has launched a new product that allows Australians with self-managed superannuation funds to invest through a professional super group.
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