With more first home buyers (FHBs) entering the property market, an expert buyer’s agent hands down her top tips for anyone ready to jump on the property ladder. According to the Real Estate Buyers Agents Association of Australia (REBAA), activity for first home buyers has increased by 13 per cent compared to one year ago. […]
Embarking on a property investment journey can be both exciting and daunting, especially for first-time investors. Property investment can offer substantial financial rewards, but it also requires careful planning and informed decision-making. This step-by-step guide aims to navigate beginners through the fundamentals of property investment, covering key areas like property selection, financing and management. Step […]
After two months of anticipation, the Reserve Bank of Australia (RBA) has revealed whether February will see a cash rate hold or a 14th rate rise. As the summer holidays come to a close and Australians begin settling back into the swing of work, the RBA has chosen to hold the official cash rate at […]
Mortgage prison doesn’t have to be a financial sentence, according to one mortgage broker. Eva Loisance from Finni Mortgages concedes there’s a lot of people “struggling to find a way to get back to interest only, or to a better rate”. But rather than despairing, she notes “there are options out there”. “It’s just a […]
In 2002, then US secretary of defence, Donald Rumsfeld, delivered a convoluted word salad that’s perhaps one of history’s most awkwardly constructed quotes. In describing his country’s position on the war in Iraq, Mr Rumsfeld said: ”There are known knowns; there are things we know that we know.”There are known unknowns; that is to say, […]
Most Australians wait until their mid-30s to enter the property market. Are there benefits to buying in this age bracket, or is “sooner the better” still the best rule of thumb? Gone are the days when Australians would buy their first home in their 20s in preparation to raise a family. The latest data from […]
New insight into Australian home loan borrowers reveals that market activity is increasingly dominated by purchasers leveraging other properties to acquire new homes. The Consumer Access to Mortgages 2023 report by Agile Market Intelligence in association with the Finance Brokers Association of Australia (FBAA) reported that borrowers who were granted a mortgage in the last 12 months […]
A top economist has identified major concerns for the year ahead, but believes that investors still have reasons to be optimistic. Inflation, the risk of recession, China and geopolitical risks are the “big worries” for investors heading into 2024, according to AMP chief economist Shane Oliver. While evaluating that 2023 has turned out “far better […]
These three locations could offer smart investors both short-term yields and long-term growth. DPN, an investment provider and finance broker, has revealed their top three picks for investors seeking a sound, growth-oriented asset in the new year. With rumours that the Reserve Bank of Australia will continue to hike interest rates and an ongoing shortage […]
After much anticipation, the Reserve Bank of Australia (RBA) has finally revealed whether this year will close with a cash rate hike or hold. As Australia enters the festive season, the RBA has chosen to hold the official cash rate at 4.35 per cent. The news comes as a relief to commentators, who had warned […]