• 05/05/2025

Category: Articles

The five great myths about the Sydney housing market

Domain.com.au – 31 August, 2015 By Peter Phibbs and Nicole Gurran http://www.domain.com.au/news/the-five-great-myths-about-the-sydney-housing-market-20150831-gjap1c/  With home ownership a fading dream for an increasing number of Australians, it’s time to bust some myths about the housing market. Here are…

Low and no interest loans offered to low income earners in Adelaide’s north

ABC Business – 13 August, 2015 http://www.msn.com/en-au/money/news/low-and-no-interest-loans-offered-to-low-income-earners-in-adelaides-north/ar-BBlIJwL An organisation offering low and no interest loans to low income earners has opened its doors in Adelaide’s northern suburbs. The Good Money store has been operating in…

Setting interest rates according to a fixed formula is a bad idea

The Economist – 8 August, 2015 http://www.economist.com/news/finance-and-economics/21660598-setting-interest-rates-according-fixed-formula-bad-idea-rule-it-out SHOULD experts in the public service follow rules, or rely on their own judgment? The answer is crucial for many areas of public policy, including criminal sentencing, immigration and…

Reserve Bank dismisses fears of property investor ‘firesale’

ABC News – Thursday 6 August, 2015 By Michale Janda http://www.abc.net.au/news/2015-08-06/reserve-bank-dismisses-fears-of-property-firesale/6678582 A senior Reserve Bank official has warned property investors to expect slower home price growth and occasional price falls, but does not expect them…

Australians less likely to survive home ownership than Britons

The Conversation – 3 August, 2015 By Gavin Wood, Melek Cigdem-Bayram, Rachel Ong and Susan Smith http://theconversation.com/australians-less-likely-to-survive-home-ownership-than-britons-45363 Between 2001 and 2010 roughly 1.7 million Australians dropped out of home ownership and shifted back to renting. More than…

House price crisis in Vancouver shares parallels with Sydney, says Generation Squeeze organiser

ABC News – 14 July, 2015 By Bill Birtles http://www.abc.net.au/news/2015-07-14/house-price-crisis-in-vancouver-shares-parallels-to-sydney/6619418 A grassroots movement tackling a housing affordability crisis in Vancouver has drawn comparisons with the housing situation in Sydney. The average price of a freestanding…

Where to from here for housing credit?

CoreLogic – 13 July, 2015 By Cameron Kusher, CoreLogic RP Data senior research analyst. http://www.corelogic.com.au/news/where-to-from-here-for-housing-credit The annual rate of growth in housing credit has started to stall over recent months and with the banks tightening…

Non bank lenders back in fashion

By Doug Daniell Due to changes by the Australian Prudential Regulatory Authority (APRA)which restrict deposit-taking lenders’ investment lending, non-bank funding has again come into its own.  This will have a profound effect on how brokers…

Home loan slide an early sign that APRA limits may be working

ABC News – 10 July, 2015 By Michael Janda http://www.abc.net.au/news/2015-07-10/home-loan-slide-an-early-sign-that-apra-limits-working/6610374?section=business The latest official figures reveal the biggest monthly fall in home lending since 2009 in an early sign that measures to tighten loan standards might…

Sydney’s secret sales: one in 10 homes are never listed

News.com.au – 22 June 2015 http://www.news.com.au/finance/real-estate/sydneys-secret-sales-one-in-10-homes-are-never-listed/story-fnd91nhy-1227409417428 IT’S not just high prices keeping crowds of homebuyers out of the property market — many of Sydney’s best homes are being made available only to investors and foreign…

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