The Australian housing market continues to defy expectations, achieving record highs despite a slower growth pace by the close of 2024. 🌟 **Resilient Growth** Marking the longest consistent quarterly growth since 2012-15, cities like Brisbane, Adelaide, and Perth have set
About three-quarters of homebuyers are now using mortgage brokers, according to the latest data from Comparator. In the September quarter, brokers originated a record-high 74.6% of all new home loans, while banks originated a record-low 25.4%. Choice is the number
Higher interest rates make it harder for borrowers to qualify for larger loans or even loans of any size. That’s because for every increase of 0.50 percentage points in interest rates, the average person’s borrowing capacity falls by about 5%,
Are you a foreign investor looking to purchase property in Australia? Here’s a step-by-step guide to navigate the application process with the Australian Taxation Office (ATO): **1️⃣ Pre-Approval Is Mandatory** Foreign investors must secure approval from the ATO *before* acquiring
📢 The Factors That Could Impact the Chances of a February Rate Cut 📢 The Reserve Bank of Australia’s (RBA) decision on interest rates this February hinges on two critical upcoming data releases. While most economists are skeptical about
Good news for anyone planning to buy in early 2025, with the latest data suggesting conditions have turned in favour of buyers. During this year’s spring selling season, sales volumes across the country were 4% lower than the spring
If you’re a lower-income or middle-income earner, you will soon have a new way to buy a property, after the federal parliament passed legislation for Help to Buy. Under Help to Buy, individual buyers who earn less than $90,000
Many international investors see opportunity in the Australian property market, both commercial and residential, but how difficult is it for them to buy? According to a NAB survey in 2022, nearly 5% of the Australian property market is owned
Aussie homeowners may have to spend an extra $107,500 on their mortgage after interest rates hikes in the past year. New research from banks revealed mortgagees will pay an additional $3586 a year on their home loan repayments after the
Welcoming a new baby is a time of joy – and big changes, including financial ones! If you’re navigating Australia’s Paid Parental Leave scheme and wondering how it affects your home loan, here’s what you need to know: 1️⃣
