Affordable homes have always been at the top of every Australian’s demand from the government. A dream that influenced votes over the weekend. Coming out of an apparent victory, Anthony Albanese of the Australian Labor Party is Australia’s 31st minister. Will the demand for low-cost
A lot of people aspire to get into the property market, but obviously, it’s not easy. Otherwise, every Australian would be owning a rental home by now, given the great returns the property market offers. One thing that hinders people is, first, the problem with
When done right, investing in property can help you build wealth for your future. In Australia, properties are currently a smart investment. Many people are enthusiastically jumping into the market to make the most of the current low-interest rates to make their first investment. But
The Reserve Bank has just announced after its June meeting that the official cash rate is 0.85%. This is the second time the RBA raised the official cash rate ever since it dropped to record lows of 0.1% in November 2020. The last rate hike
Australia’s housing market is one of the most expensive in the world. According to Demographia’s International Housing Affordability (2022), Sydney is the second most expensive city to buy a house in. Fifth on the list is Melbourne. Data shows that if you live in Sydney,
The US economy is one of the biggest markets in the world. A shift in its policies, particularly in interest rates, creates a ripple effect on the entire world. When the US suffered from a financial crisis in 2008, the Federal government had to cut
The May 3 decision of the RBA to lift the official cash rate is just one out of the many. It has given a head’s up that more rate hikes are to come. Fuel costs are up and food costs are, too. To damp down
We’ve seen the soaring prices of fuel in the past months ever since the war Russia waged on Ukraine began. Naturally, all other industries have been suffering from high production costs because of this. With the 2022 Federal Budget is set, could things be looking
Is a foreign investment welcome in the Australian property market? The simple answer is yes. Foreigners residing in and out of Australia may buy a property in Australia. However, there are a few caveats you should be aware of. One is that the property must
If owning a house was easy, every adult in the country would be a homeowner now. However, the rising prices of properties in the market get in the way of every aspiring homeowner. Not only that, but the required deposit relative to income is also
