When you apply for a home or investment property loan, your lender must obviously assess your ability to repay the loan (amongst many other criteria). Naturally, lenders will not lend to an applicant who can’t afford pay it back—and they’re also bound by strict governmental rules and regulations when assessing the suitability of potential borrowers. […]

The Australian residential property market has reached a record valuation of $8.1 trillion! It is now worth more than commercial real estate, the ASX and superannuation combined. Source: Core Logic This means that at the time of writing, the property market is the primary source of Australian wealth and most homeowners have a considerable amount […]

SQM research figures indicate that total residential property listings fell by 6.3% in May 2021. Demand from buyers is still so high that, undesirable properties which have remained unsold for more than 6 months, are now being snapped up. Both owner-occupiers and investors are driving this overwhelming demand for residential dwellings in Australia. The factors […]

With the Reserve Bank of Australia (RBA), keeping the official cash rate on hold at 0.10% for another month, they have reaffirmed their commitment to support the recovery of the Australian economy. They confirmed that they are unlikely to increase the cash rate until 2024 unless there is a return to full employment and inflation […]