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Latest News:
September RBA meeting sees rates kept on hold 13 Sep 2011 | 04:35 pm
With the Reserve Bank sidelined on domestic and worldwide economic woes, official rates have been kept on hold. Sydney’s meeting on the 6th September saw the RBA’s board of directors came to an agree...
Property investment: what not to do 12 Sep 2011 | 03:56 pm
When purchasing property to generate wealth, you must always ensure that you plan carefully. Most people are taught early on to learn from mistakes. But losing thousands of dollars due to a bad judgm...
Property investment moves interstate 1 Sep 2011 | 12:42 pm
Property investors are making a move to expand their portfolios beyond their own home state. The preferred choice of destination is Queensland, with 51 per cent of interstate investors owning a prope...
The big property question: apartment or house? 23 Aug 2011 | 06:01 pm
Price is always a function of supply and demand. It is easy for the apartment market to be oversupplied as developers bring on hundreds of apartments at once and it is extremely difficult to stop cons...
Reserve Bank unlikely to cut rates 22 Aug 2011 | 12:50 pm
Warnings to homeowners not to wager their houses on the RBA cutting interest rates come amid forecasts of a property price crash by Christmas. Experts believe that Australia’s high inflation is likel...
Interest rate hikes leave homeowners at risk of defaulting 18 Aug 2011 | 02:27 pm
Many fear that homeowners are more vulnerable now to rising interest rates than during the 1990s recession, when the interest rates were around 17 per cent. It is thought that this could be a result ...
Mortgage Insurance and why you should have it 9 Aug 2011 | 06:17 pm
Mortgage Protection is designed specifically to protect the insured person. Generally speaking, when the person insured dies or incurs permanent disability, the life insurance company will pay out a l...
Mortgage cover unfair to consumers 8 Aug 2011 | 05:32 pm
A bigger problem than exit fees for homeowners is the lack of lenders mortgage insurance (LMI) portability. Many feel that LMI is a product used as leverage against the consumer. Although it is insur...
Unexpected drop in housing approvals 5 Aug 2011 | 02:47 pm
More evidence of a weak real estate market emerged as building approvals fell for the third consecutive month, while house prices eased for the June quarter. Nationwide, building approvals dropped 3....
Predictions of rising interest rates as inflation figures stronger than expected 1 Aug 2011 | 07:12 pm
The annual inflation rate of 3.6 per cent to June, the fastest growth since 2008, was higher than expected and outside the target band of the central bank. The consumer price index went up by 0.9 per...
