Low Stock on the Market: What It Means for Buyers and Sellers

How does the RBA interest rate affect you and your property value.  We constantly read and hear about the RBA’s interest rate and how it will affect the economy, but how many of us know what it is?

House prices slowed down, rents in capital cities became more unaffordable and interest rates remained unchanged in 2017, but what will happen in 2018?

In a proposed reform to credit unions, building societies and online lenders, the federal government is planning to loosen restrictions on which institutions can call can themselves a bank. The move is set to undercut the power of the Big Four Banks, increase competition, and give more options to borrowers.

The Australian Taxation Office (ATO) has changed the rules for clearance certificates yet again this financial year. The new rule was implemented as part of the 2017 federal budget and was in effect from July 1^st, 2017. It is due to affect approximately 60% of the housing market.

Housing affordability has become a hot topic in NSW. Young first home buyers and the middle-class are particularly scorned due to Australia’s high cost of housing in proportion to wage growth.  Luckily, the NSW government has recently released a new package of measures designed to improve housing affordability across NSW and give a leg-up to those looking to break into the housing market. Foreign investors, on the other hand, will be receiving a slap on the wrist.