Auction Insider: 1st October 2018
Despite the impact of football grand finals, last weekend was a disappointing end to the first month of Spring. Dr Andrew Wilson, Chief Economist from My Housing Market presents his
Mortgage industry offence the Royal Commission missed
On Monday, the CEO of the Institute of Certified Management Accountants (ICMA), Janek Ratnatunga noted that the Royal Commission had failed to recognize the biggest fraud committed by banks: mortgage
New housing trends are injecting capital into rural areas
Many of the prime hinterland regions near capital cities have seen an uptick activity as homebuyers appear to be falling in love with the countryside, rather than urban areas or
Slower population growth to affect the market
The Australian Bureau of Statistics (ABS) recently revealed that Australia’s yearly population growth rate slowed for the fourth consecutive quarter, and the Housing Industry Association (HIA) argued that this could
Investment loans trending below the decade average
The recent Australian Bureau of Statistics (ABS) figures revealed that overall value of home finance commitments declined by 5.1% between July 2017 and July 2018. Further, the value of commitments
Impeded home price growth recorded in regions
Last week, CoreLogic Head of Research Tim Lawless delved into market data examining the shifting values over the past year outside of capital cities. From there, he found a slowdown
How higher mortgage rates disrupt the market
Over the recent weeks, Australia saw Commonwealth Bank of Australia (CBA), Australia and New Zealand Banking Group (ANZ), and Westpac Banking Corp. (Westpac) increasing their variable mortgage rates. While a mortgage
4 ways you could be sabotaging your chances of getting a loan
There’s no doubt that the lending environment is different than it was a few years ago. The main reason why was the APRA lending restrictions, which limited investor lending as well
How Australia’s debt compares – we’re not that bad are we?
National debt levels can be hard to understand, not to mention boring. Just to make things clear… The National or Government debt is the amount owed by the government. The Australian Office of Financial Management,