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Stamp duty for first home buyers should be axed: Senate committee

by Staff Reporter • 17 Jun 2008
The recommendation was in response to Australia’s record housing affordability low. Alongside changes to... READ MORE

RBA governor stresses need for moderation

by Staff Reporter • 17 Jun 2008
According to Mr Stevens, recent flat retail figures demonstrated a slowing in consumer driven inflation, but a 20 per... READ MORE

Government unveils Housing Affordability Fund

by Staff Reporter • 12 Jun 2008
In particular the Fund will address the holding costs incurred by developers as a result of long planning and... READ MORE

SA first home buyers granted stamp duty relief

by Staff Reporter • 6 Jun 2008
South Australian treasurer Kevin Foley said more than 90 per cent of first home buyers would benefit from the... READ MORE

Mobius ratings on CreditWatch negative

by Staff Reporter • 6 Jun 2008
The notes include Class D, Class M, Class E and Class F. The action follows recent losses in the transaction, which... READ MORE

Current under-building to leave decade long housing shortage

by Staff Reporter • 5 Jun 2008
The data provider’s Australian Construction Outlook 2008 – Residential Building report forecast that... READ MORE

May mortgage sales reveal plummeting borrower confidence

by Staff Reporter • 5 Jun 2008
During May mortgage sales fell to 6,691 – the lowest amount recorded since AFG’s Mortgage Index... READ MORE

Queensland budget delivers measures to improve affordability

by Staff Reporter • 4 Jun 2008
The Queensland budget announced several new measures to address affordability and promote equality in the market,... READ MORE

American housing markets suffer price declines

by Staff Reporter • 3 Jun 2008
According to the economic and financial analyst, 262 of 330 housing markets experienced declines during the first... READ MORE

Private sector credit slows in April

by Staff Reporter • 2 Jun 2008
The small increase in private sector lending was half of that recorded in March, and the lowest monthly increase in... READ MORE

Mortgage stress low overall but high in certain postcodes

by Staff Reporter • 30 May 2008
The Australian Mortgage Delinquency by Postcode report, released by the ratings agency today, indicated that on a... READ MORE

Opportunity beckons for property investors

by Staff Reporter • 29 May 2008
Market conditions are likely to remain somewhat flatter for some time, which will create strong investment... READ MORE

Almost 40pc of income needed to cover mortgage payments

by Staff Reporter • 29 May 2008
Home loan affordability has now deteriorated by 8.7 per cent in the year to March and is the most unaffordable in the... READ MORE

Bouris to buy back Wizard

by Staff Reporter • 26 May 2008
According to The Australian, Mr Bouris has “asked GE Money to pay him millions of dollars upfront to run the... READ MORE

First quarter slide for housing markets

by Staff Reporter • 26 May 2008
According to the REIA, house prices in Melbourne and Canberra fell the most during the quarter, while Sydney and... READ MORE
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