One in 10 homes bought using first home buyers guarantee in October
About one in 10 homes sold last month were bought by Australians using Labor’s expanded 5 per cent…
A new month, new lower term deposit rates
The gradual, but regular, easing of interest rates offered to savers is the theme as we rapidly head…
Investors and first home buyers flock to property market, driving up prices
Australia’s property market is heating up again, with record auctions over spring and the return of both first…
Australians are being priced out of the property market and first home buyers schemes might not be helping
The quiet south Brisbane suburb of Mount Gravatt was once an affordable place to buy a decent-sized family…
RBA governor Michele Bullock says First Home Guarantee could lead to riskier loans
Central bank governor Michele Bullock was centre stage at Senate estimates on Friday, being quizzed on monetary policy…
Housing supply without controlling demand suggests National Housing Accord won’t fix affordability
Australia’s national project to fix housing affordability is off to a slow start. Three years into it, last…
Term deposit rates sucked into a down-vortex
It has been a month since we last looked at where term deposit rates have shifted to, and…
Home Guarantee Scheme expansion double-edged sword for first-home buyers as $234,909 downside revealed
Domain chief of research and economics Dr Nicola Powell expects this week’s expansion will ‘supercharge’ sub sections of…
BNZ cuts term deposit rates. We assess what is ahead
BNZ has trimmed some term deposit rates today (Wednesday). For all the main banks and for all the…
The great mortgage loan provider switch continues
Latest Reserve Bank figures show that the amount of mortgage money changing loan providers hit a new high…
BNZ chief economist doubts home owners will ‘rush’ to longer fixed term mortgages
It is unlikely there will be a “rush” for home owners to fix their mortgages for longer terms,…
Tracking the mortgage rate changes following the OCR cut. ANZ moves, followed by Westpac
As widely expected, the Reserve Bank has cut the official cash rate again by another -25 bps to…