National home value index rises at its fastest pace in 32 years

CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). These exceptionally strong growth conditions remain broad-based, with values rising by at least 1.4% across each of the capital cities and ‘rest-of-state’ areas over the month.

Post-election sentiment bounce for industry

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.

Interest rates remain on hold, but for how long?

Interest rates remain on hold, but for how long?

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.