The number of Australian residential property listings rose during January, after a quiet period over Christmas. Nationally, stock on market came to a total of 342,157 – a monthly rise of 1.3 per cent. Sydney and Melbourne were the only two capital cities to record falls for the month; falling by 3.4 per cent and 1.9 per cent respectively ...
The debate around housing affordability has been hotly contested with no clear winner. Part of the problem is that housing affordability means different things to different people. Central to the concept is a person’s ability to pay for their dwelling; if we start from this basic premise, then there is evidence that housing in Australia is affordable ...
Even the best insurance policies can leave you exposed if you don’t insure for an adequate amount. The problem is that it’s difficult to work out how much it would really cost to rebuild if disaster happens. Study after study shows that Australians tend to underinsure. Every time there’s a major disaster, we hear about more cases ...
There is widespread speculation that a movement in the Australian interest rate will happen soon. But which direction will it go? Opinions vary - those worried about unemployment favour a rate cut while others focused on curtailing inflation back an interest rate rise ...
Last Saturday, I bid at my first auction for 2014. As the day got closer, the temperature forecast got higher. I was relieved that the auction was scheduled for 10.30am, and equally relieved that my clients didn’t expect I’d be wearing a dark pinstriped suit for the event! “…unlike the south east and the inner ...
All eyes were on the RBA last week when they reconvened from a two month break. With markets only pricing in a 5 per cent chance that rates would be cut by a further 0.25 per cent, the probability of an interest rate movement was always going to be limited ...