No Sydney housing crash in 2018, mining towns to recover, Hobart to be best city performer

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Australia’s housing market will likely record moderate dwelling price rises in 2018, which will beat a slower rate than the price gains in 2017, led by a slowdown in Sydney, according to housing expert Louis Christopher in his newly released Christopher’s Housing Boom and Bust Report. SQM Research’s base case forecast is for capital city […]

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Buying shares versus paying down home debt

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Here’s an interesting situation for you to consider. I’m working with a new client who saved $300,000 to invest. Feeling they did not know what options were available to them, they sought advice from another Financial Planner on where to invest their savings. The Financial Planner was authorised by a well-known name in the industry. […]

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Reverse Mortgage – Living with ease in the golden years

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Most Australians aged 65 and over own their own home. A reverse mortgage will allow you to borrow against the equity in your home, without having to sell, by releasing funds for comfortable years ahead in retirement. If you have already paid off your mortgage, you may benefit from taking a reverse mortgage to access […]

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Housing affordability declines – Better news for renters

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The June quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows a decline in housing affordability nationally with the proportion of median family income required to meet average loan repayments increasing by 1.0 percentage points to 31.4 per cent. This was an increase of 0.2 percentage points compared to the […]

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Credit squeeze to continue for property investors

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The focus for lenders over the past month has once again been on interest-only and investment loans in response to regulatory caps on growth. There were across the board interest rate increases of 30-40 basis points for existing and new clients with interest-only repayments. There is now a significant enough difference between the interest rate […]

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Housing affordability improves

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The March quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in housing affordability across all States and Territories with the proportion of median family income required to meet average loan repayments decreasing by 1.3 percentage points to 30.4 per cent. This was a decrease of 1.3 percentage […]

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Pace of regulatory change no.1 broker concern – MyState Bank survey

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More than 50% of brokers surveyed by MyState Bank say their number one concern is the speed with which regulators have made changes to LVRs and loan availability as they attempt to cool down hot residential real estate markets in Sydney and Melbourne. A further 25% said their primary concern was the potential for further […]

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Endangered first home buyers in crosshairs

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The September quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows a slight decline in housing affordability nationally with the proportion of median family income required to meet average loan repayments increasing by 0.1 percentage point to 29.5 per cent. Compared to the corresponding quarter in 2015, the figure decreased […]

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Property still hot for investors with growing number of Australians owning investment homes

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According to ING DIRECT’s latest Financial Wellbeing Index, property still holds strong appeal for investors with one in every five (20%) Australians saying they own an investment property. Despite tightened investor lending and signs that the property market is slowing, investor demand has continued to grow with the number of Australians investing in property growing […]

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Housing affordability sees an improvement

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The June quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in housing affordability nationally with the proportion of median family income required to meet average loan repayments decreasing by 0.6 percentage points to 29.4 per cent. Compared to the corresponding quarter in 2015, the figure decreased by […]

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