Post-election sentiment bounce for industry

Property industry confidence has jumped following the federal election outcome in a positive sign for the Australian economy, but the Property Council has warned that a number of economic factors remain challenging for the industry which is Australia’s largest employer.

Today's Financial Review housed an opinion - "Five reasons the RBA definitely shouldn't cut rates." and it got me thinking, who wouldn't want to cut rates? What's the downside?

The Reserve Bank of Australia has opted to leave the official cash rate on hold at 1.5%, just 11 days out from the federal election. The Board hasn’t made a move on rates in over 30 months, since it decided to cut interest rates from 2% to 1.5% in August 2016.

This is literally the number one question on everyone's list that is looking at property today, and despite all the doom and gloom of the media there are some ups to a changing market.

New figures have revealed the popularity of townhouses is soaring, with approvals for new townhouses at record levels in Australia’s biggest cities.

New data shows that Millennials are digging deep to save for a home, even prioritising home savings over holiday and travel savings.