News

NAB first of big four lenders to call May rate cut

National Australia Bank is the only one of the four big domestic lenders to commit to calling a cut to the cash rate next week in the wake of Wednesday’s surprisingly low inflation report. NAB’s switch followed data from the Australia Bureau of Statistics showing headline deflation for the first quarter this year. It was the first negative…

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Home loan interest rates at record lows, house prices at dizzy heights: Is it really harder today?

GETTING onto the property ladder has never been tougher for cash-strapped Gen Y. But as it turns out the great Australian dream wasn’t exactly smooth sailing for Baby Boomers who paid interest rates more than three times higher than compared to today. While Gen Y is looking down the barrel of years of servicing a…

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Suburbs with rising rates of interest from Chinese buyers

Relaxed lifestyle a priority for Chinese after Melbourne’s south-east Chinese buyers looking in Australia aren’t exclusively fixated on upmarket Sydney. Chinese-based property searches have also grown in Sydney’s west (Merrylands), Melbourne’s south-east (Rowville), Melbourne’s outer-west (Werribee) and Brisbane’s outer suburbs (Sunnybank and Carindale). REALESTATE.COM.AU, Date Feb 08, 2016 Where was the biggest growth in interest from Chinese buyers National Suburb State…

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Why Buying Property in Melbourne

Melbourne has topped The Economist’s liveability rankings for a fifth consecutive year. “Melbourne this year scored 97.5 marks out of 100, including full marks for infrastructure…Cr Doyle said the ranking was “huge for us” and that many Melburnians did not realise how well known the city was for being ranked the most liveable. In a…

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