REIA bursts housing bubble
Australia is not in the midst of a housing bubble, says the Real Estate Institute of Australia, contrary to recent comments by GMO's chief strategist Jeremy Grantham.
Interest rates set for freeze
The RBA is indicating that it intends to hold interest rates at their current level until later this year, in a move designed to protect economic stability.
Could high exit fees be illegal?
The research paper, which examines exit fees for variable rate mortgages, is arguing that the average fee charged by lenders that are non-authorised deposit taking institutions (ADIs) dwarf those of other institutions. The report estimates that the average exit fee charged by a non-ADI for a $250,000 variable rate loan terminated within three years totals $1,900, in contrast to the rates charged by large banks ($680), other banks ($589) and credit unions ($420).
Bargains soon to be had in Melbourne
Housing construction bounces back
Tax Time: Rental property
Borrowers breathe a sigh of relief: RBA leaves cash rate unchanged
Why buy a house when you can buy a town?
Australia's rampant population growth to ease
Sydney's new rental hot spots
Housing supply deficit widens
Rising land prices threaten home building recovery
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