Most Paused Loans Being Repaid
Households and small businesses are now paying back 80% of the $250 billion in loans deferred at the height of the pandemic, with new figures revealing the national economic recovery [...]
Home Builders Drive 50 Billion Boost
Home-owners have become the key drivers of the nation’s economic recovery, with a spike in take-up of the Federal Government’s HomeBuilder grants, which are estimated to underwrite $50 billion in [...]
Rates Cut 6,777 Times In 2020
Historically low interest rates have seen lenders make almost 7,000 rate cuts to home loan products throughout 2020 - but borrowers appear disinterested in getting a better rate. Figures collated [...]
Aussie Economy Moving Into Next Gear
Australia’s economy will grow faster than previously forecast this year, as global growth accelerates following the roll-out of coronavirus vaccines, the International Monetary Fund says. In new forecasts released this [...]
States Battle for Top Spot
The economic performance race has tightened, according to the latest CommSec State of the States Report. Tasmania continues to lead, cementing its place as the best performing economy. While ACT [...]
Investor Activity Rising
Investors are tipped to return to the property market throughout 2021 as rising prices and yields in suburbia and the regions offer an attractive proposition. The latest loans data suggests [...]
Perth Leads Rent Rises Nationally
House rents rose across most of the capital cities in 2020, headed by double-digit rises in Perth and Darwin. New data from Domain shows that the average result for the [...]
Investors Surge Into the Market
The ABS reveals a surge in loans for investor housing, with a 6% monthly increase in November and 4% growth in the year to November. Overall, the ABS reported a [...]
RBA Expects 30% Price Rises
Heightened consumer confidence, helped by record low interest rates, could push property prices up 30% in the next few years, according to analysis by the Reserve Bank. In an internal [...]
Nation Faces Record Rent Hike
The next several years “will produce the biggest increase in rents that Australia has seen”, according to real estate analyst Simon Pressley. Pressley, Propertyology’s head of research, is forecasting 2021 [...]
