Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
The manufacturing industry was dealt a huge blow this week when Ford announced it would be shutting its Broadmeadows and Geelong factories in three years. In what will be a comfort for some, the RBA hinted that further interest rate cuts are a possibility ...
There has been plenty of talk of a housing crash but actually what we got were fairly moderate falls through 2011 and the first half of 2012, before prices began to bounce back. And now it appears that the market is set for a period of growth as interest rates have been slashed ...
The market posted a strong 74 per cent clearance rate this week, a result ahead of last week’s revised 70 per cent. Year to date, over $4 billion homes have been sold via auction, compared to $2.9 billion for the same time last year ...
The Federal Budget revealed a deficit of $19.4 billion this financial year with Wayne Swan forecasting that the Budget will be back in surplus by 2015/16. An interesting speech with few handouts prior to the election. We listed some of the key points ...
All eyes were on Parliament this week as the Labour Government delivered its 2013-14 Federal Budget. Many in the property sector were critical about the lack of direct stimulus for the industry,. However, there are some indirect benefits in terms of infrastructure, rental affordability, pensioner downsizing and superannuation reforms ...
The Housing Industry Association (HIA) released a scathing review of last night’s 2013 Federal Budget in which it said the Federal Government largely ignored Australia’s residential building industry and missed an opportunity to implement further measures to increase housing supply ...