Estate Planning

RBA makes last interest rate call for the year

RBA makes last interest rate call for the year

The Reserve Bank of Australia (RBA) has left rates on hold at their record low 0.10 per cent, even as banks race to hike mortgage rates. In the last meeting of the year, the RBA chose to leave settings unchanged as it waits for inflation to lie comfortably between 2 per cent and 3 per…
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6 property market forecasts and predictions for 2022

6 property market forecasts and predictions for 2022

Property markets experienced a boom during COVID-19, with lockdowns doing little to cool the market and prices growing more than 22 per cent this year. But Aussies are being cautioned to be more strategic about their purchase decisions over the next year, with property price growth expected to slow. “Australia experienced an unprecedented property boom in 2021 as households saved…
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Lock it in How to make sure you get the best home loan rate

Lock it in: How to make sure you get the best home loan rate

You’ve shopped around, done your research into home loan providers and finally found the right home loan deal. As exciting as this may be, it can be turned on its head almost instantly if interest rates shift before the settlement of your property. The good news is that there is a solution. It’s called ‘rate locking’. Here’s a…
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Borrowers Home loan refinancing or switching

Borrowers: Home loan refinancing (or switching)

In our article, ‘Key home loan repayment considerations’, we discussed a proactive ongoing approach to paying off your home loan—considering it will most likely be the largest debt that you pay off in your lifetime. This can reduce the amount of interest you pay, and decrease the life of the loan. In turn, you can free…
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Warning for tenants Rent prices are rising again Heres what to do

Warning for tenants: Rent prices are rising again. Here’s what to do

Apartment rental prices are rising at the same pace as house rents for the first time since the pandemic, in an early sign that renters are flocking back to CBDs and apartments for affordability, new data reveals. Domain’s latest Rental Report found that house and unit rent both rose 2.5 per cent over the September quarter.…
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5 DROP Westpac predicts when house prices will fall

5% DROP: Westpac predicts when house prices will fall

Australian property prices are expected to be up an eye-watering 22 per cent by the end of the year, but the pace of growth is set for a marked decline over the next two years, Westpac has predicted. The major bank has revised its forecasts for Aussie house prices this year and is now expecting total price…
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662k vs 2 9m Australian suburbs great property divide

$662k vs $2.9m: Australian suburbs’ great property divide

The reality of just how out of reach the ‘Australian dream’ is has been laid bare in a new report that reveals the stark divide between apartment and house values. In some of Australia’s ritziest suburbs, unit prices are a little over a fifth of house prices in the same neighbourhood, according to a new report…
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Too big to fail Why the Aussie property market wont go down

‘Too big to fail’: Why the Aussie property market won’t go down

Australia’s property market has been booming, and while there has been some slowdown in the pace of growth, a drop in prices is not likely, this expert said. Director of Metropole Michael Yardney told Yahoo Finance that the events of the last year have proven that the Aussie property market will not falter. “The Australian property market is too big…
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10 suburbs where house prices are surging over 50 000 a MONTH

10 suburbs where house prices are surging over $50,000 a MONTH

Australia’s property market has boomed over the past 12 months and the coronavirus pandemic and subsequent lockdowns have done little to curb the skyrocketing trajectory of property prices. Since the Reserve Bank slashed rates to a record low 0.10 per cent in November last year, house prices have risen by 1 per cent to 2 per cent each…
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