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How Sydney and Melbourne’s property prices are linked to the Chinese money exodus How Sydney and Melbourne’s property prices are linked to the Chinese money exodus

The Chinese money exodus has caused a significant rise in global real estate values—and Sydney and Melbourne’s property markets are no exception

One in five Aussies in danger of losing their homes if interest rates rise

One in five Aussies in danger of losing their homes if interest rates rise According to a sobering new study, one in five Australians is walking such a fine tightrope that they could lose their homes if interest rates rise by even 0.5% ... Read more

WA government adds a temporary $5,000 boost to the First Home Owner Grant

WA government adds a temporary $5,000 boost to the First Home Owner Grant First-home buyers in WA who’re struggling to enter the property market can take advantage of the temporary $5,000 boost to the state’s First Home Owner Grant ... Read more

Fitch Ratings downgrades its outlook on the Australian banking industry

Fitch Ratings downgrades its outlook on the Australian banking industry Fitch Ratings has downgraded its outlook on the Aussie banking industry, citing rising household debt and concerns over higher potential loan losses ... Read more

News

  • 28 May 2010
    Homebuyers will pay more for green homes

    Environmentally-friendly homes are in growing demand among buyers, with a new survey showing that three in five buyers would pay extra for 'green' property. Read more

  • 28 May 2010
    Fixed rates to fall: report

    Interest rates on fixed term mortgages are set to drop thanks to a recent fall in long-term money market rates, according to Datamonitor. Read more

  • 28 May 2010
    Auction clearance rates ease

    Property buyers across Australia are pulling back amid concerns of rising interest rates and a renewed threat of a global economic slowdown. Read more

  • 21 May 2010
    Interest rates set to fall

    The recent softening of economic indicators has led to many economists revising their interest rate predictions. Read more

  • 21 May 2010
    Auction remains strong in Melbourne

    Any doubt about the strength of the Melbourne market is likely to subside following the release of data showing auction clearance rates holding strong at 76.4%. Read more

  • 21 May 2010
    First homebuyer market collapses

    Any hope of a revival in the first homebuyer market in Western Australia now appears to be in vain, with the latest data showing the number of first-time buyers sinking to a new lo ... Read more

  • 21 May 2010
    Housing affordability drops

    Australia's housing affordability sank to a near-record low in the March quarter, thanks to rising interest rates and soaring property prices. Read more

  • 13 May 2010
    Flexibility for first homebuyers

    Home ownership will soon be easier for first-time buyers, with the government announcing changes to the First Home Saver (FHS) Account scheme this week. Read more

  • 13 May 2010
    New property tax for NSW

    A new property tax has been slipped before the NSW parliament in the wake of Treasurer Wayne Swans election-year Budget. Read more

  • 13 May 2010
    Budget fails to deliver

    Some sectors of the property industry have blasted the 2010/11 Federal Budget, saying that it fails to offer reasonable solutions for Australias housing shortage and unaffordabilit ... Read more

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