No National Property Slump
Source: First National Real EstateAccording to the head of Australia’s largest independent real estate network, there is no national property slump and Australians should be more optimistic about our economic and property market outlook. First National Real Estate chief executive, Ray Ellis says there is much to be optimistic about nationwide and that declines in sections of both Sydney and Mel...
REIQ's Queensland Market Monitor Released
Signs of life on the horizon for Queensland’s property marketEditor Nicole Madigan Data: Taun Vos Analysis: Nicola McDougall and Kieran ClairRecord low interest rates for the majority of the June quarter, followed by two subsequent cuts to the cash rate of 25 basis points each, have done little to boost the Queensland property market, though signs of an impending upward turn are evident. D...
Maroochydore CBD Update: State Government approves changes to PDA's development scheme
Greater housing diversity and a new Maroochydore CBD will be accommodated in the Maroochydore City Centre Priority Development Area after the state government approved changes to the PDA’s development scheme.Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said the revised scheme will help accommodate predicted population growth in the Sunshine C...
Council Adopts Changes to Special Entertainment Precincts
PUBLIC NOTICE: SUNSHINE COAST PLANNING SCHEME 2014 (QUALIFIED STATE INTEREST AMENDMENT) AND PLANNING SCHEME POLICY (AMENDMENT) No. 21 SPECIAL ENTERTAINMENT PRECINCTSNotice is given that, on 15 January 2020, Sunshine Coast Regional Council adopted the Sunshine Coast Planning Scheme 2014 (Qualified State Interest Amendment) and Planning Scheme Policy (Amendment) No. 21 – Special Entertain...
Responsible lending rules updated by ASIC
The Australian Securities & Investments Commission has updated its guidance surrounding responsible lending rules for the first time in five years.The National Credit Laws provide consumers with important protections when seeking credit directly from a lender or through a broker.ASIC’s revised guidance is intended to assist lenders and brokers to comply with their responsible lending obliga...
RBA holds rates at December meeting
The Reserve Bank of Australia have kept the official cash rate at a record low 0.75 per cent at its December meeting today. "There are further signs of a turnaround in established housing markets," Lowe said. "This is especially so in Sydney and Melbourne, but prices in some other markets have also increased recently. The RBA are waiting to see if their three cuts in 2019 will stimulate the ...
Sunshine Coast tops the list of Property Hotspots for 2020
Hot list: Australia's top 10 areas tipped for property growth in 2020 3 December 2019 | Author: Ellie McLachlan Source: Whether you’re a first-time home buyer or a seasoned investor, having some expert insight into which areas are tipped to boom could help with your next purchase decision.Real estate forecasters at Hotspotting have revealed their top 10 places to consider buying prope...
OPINION: RBA will cut cash rate to 0.25% by June 2020
27 November 2019 | Author: Bill Evans, Chief Economist for Westpac | Property ObserverWestpac now expects two rate cuts next year from the RBA with the cash rate cut to 0.25% in June 2020. Quantitative Easing is also expected to begin in the second half of 2020. Westpac has not changed its rate call for the RBA since July 24 this year. At that time we envisaged two more cuts from the RBA in Oc...
2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More
15 November 2019 | Author: Aly J Yale | Source: Forbes The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no We spoke to six mortgage, real estate, and housing professionals. Here’s what they say is in store for the year to come:Mortgage rates ...
