Melbourne Property Market Update – November 7th, 2015
By Peter Sarmas on 7 Nov 2015
No Comments yet, your thoughts are very welcome
Consumer Housing Market Sentiment Survey
Are you concerned that Australia’s housing is vulnerable to a significant correction in values? Tim Lawless of CoreLogic RP Data reports on the findings in the CoreLogic RP Data – TEG Rewards Housing Sentiment Survey. He also comments on foreign buying of residential properties across Australia.
Melbourne Metro Rail Stations: More Detail Released
The drip feed of information on the Melbourne Metro Rail project website continues. A recent update features an interactive map to be used for consultation purposes, along with brochures providing increasing detail about each station and portal precinct. The brochures now display proposed entrance locations for each station.
Six Affordable Housing Lessons The US Can Teach Australia
Housing expert Dr David Rosen presents ideas on how Australia can tackle housing affordability based on the United States’ six decades of policy in the area. Urban Melbourne share the six lessons with a specific focus on affordable rental housing.
RBA: Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting on Tuesday, the Board decided to leave the cash rate unchanged at 2.0 per cent. Read the full report from the Reserve Bank of Australia discussing when the Federal Reserve is expected to start increasing its policy rate.
The Accounting Trick That Helps Multinationals Avoid Paying Tax
Chevron Australia’s aggressive tax strategies have resulted in an additional $322 million tax bill, but this may only be the beginning of the energy giant’s woes with the Australian Taxation Office, others could face the same headache. The recent Federal Court decision suggests significant accounting disclosure implications for large subsidiaries of other multinational companies operating in Australia which have employed similar strategies, and there will be other revelations to follow. Martin North of Digital Finance Analytics shares ‘The Conversation’.
Mortgage Data Quality Issues Hit Home
What incentives are there for lenders to provide the right data to the regulators? And what penalties should be imposed when they fail to provide adequate data? Martin North of Digital Finance Analytics discusses the recent changes in the mortgage data set between owner occupied and investor loans.
