What does the record 7% collapse in GDP mean? Bill Evans
The Australian economy contracted by 7% in the June quarter, broadly in line with expectations (both Westpac and market median at -6%). This is by far the largest quarterly contraction in
This week’s Australian Property Market Update – Latest Data, State by State 17th August
Lot’s of property news and data over the last week. The biggest stories concerned the Stage 4 Lockdown in Melbourne and how this would affect our property markets and the economy. The
Is property still a worthwhile investment?
Is property still a worthwhile investment? With the triple challenge of a pandemic, recession and social and political unrest around the world, people are wondering whether property is the way to
It’s What You Buy, Not When or How Much You Pay, That Matters with Stuart Wemyss
Taking control of your personal finances, becoming wealthy or successful in property investing, is simple, but it’s not easy. That’s not a play on words. It’s simple if you know how, but
Weekly economic update: Shorter meetings but longer days – how COVID-19 has changed the way we work
One of the many things COVID-19 has had a dramatic impact on is the way many of us work. Those fortunate enough to be able to work from home have been
Another 8 property investment myths
Do you know that 15 common myths that are killing the wealth potential of the average Australian property investor? Last month I explained how despite us living in a land of plenty, the sad reality
Expect less scrutiny around living expenses now when taking out your next property loan
Anyone in lending will tell you that assessments for home loans and investment loans have tightened since Covid, however the scrutiny around living expense assessments has noticeably softened. Lenders seem more
The impact of NSW stamp duty discounts: CoreLogic’s Eliza Owen
On the 27th of July, the New South Wales government announced eligible first home buyers could access stamp duty exemptions on new home purchases worth up to $800,000. New home builds
Rents keep falling despite increasing demand
Despite house prices remaining resilient, we know our rental markets have taken a beating due to Covid-19. Realestate.com.au reports that for the first time on record the cost of renting in