Australian regulators have decided to intervene in the property market again, in response to the continued strong growth in house prices, particularly in Sydney and Melbourne. The Australian Prudential Regulation Authority (APRA) has placed additional restrictions on Australia’s banks and other deposit-taking institutions.It has been widely
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So, Is This a Bubble or Not?
Auction Results for week ending April 2, 2017.Auction clearance rates were propped up this week by a fall in supply, as auction volumes decreased across the combined capital cities. The preliminary reports indicate that 78.1 percent of 2,646 total auctions were successful. Last week, volume
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Wise Words From An Unexpected Source
Temporarily living as I am at the moment in tropical Florida, USA (where the weather is like Cairns), air-conditioning isn’t a luxury, it’s a necessity!Recently we looked into getting our ceiling air-conditioning ducts cleaned, but as it turned out, it was much cheaper to replace
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Property Investors Back in Regulators’ Sights
Home prices in Australia’s biggest cities continue to surge higher. Sydney is leading the way with research firm, CoreLogic claiming prices have risen as much as 5.3 percent since the start of the year. Melbourne residential property prices are reported to have jumped 4.4 per
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Is It Time to Put the Brakes on Home Prices?
Auction Results for week ending March 26, 2017.This week’s preliminary auction results point to a spike in demand, even as the number of homes for sale across the country increased. The combined capital city clearance rate came in at 77.1 percent, and auction volume was
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The 12 Most Common Pitfalls When Insuring Your Rental Property
Buying a rental property can be a rewarding experience, but protecting your income and assets is paramount. After all, investing in property is a business and you need to safeguard against things that can go wrong beyond a fire or water damage. So choosing the
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Is the Melbourne Property Market Finally Rolling Over?
Auction Results for week ending March 19, 2017.Sydney stock levels remain relatively weak, but auction activity lifted significantly across the combined capital cities with 2,844 homes taken to auction, up from 1,473 last week. Over the same weekend last year, volumes were much higher, with
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Debt: Never Good. Just Bad, Worse or Toxic!
Have you ever been to a seminar and heard the phrase ‘good debt’? Perhaps debt that allows you to negatively gear? Or debt that allows you to buy an investment property where the return is greater than the cost of servicing, thereby allowing you to
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How the Rich Make Their Money
There are several ways you can make money; however, when we look at how the rich make their money, it comes down to usually one thing: business. Yes, they may be prolific investors, but the vast majority of them made it in business. You may
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Buyers Pounce on Public Holiday Under-Supply
Auction Results for week ending March 12, 2017.Demand in Sydney remains off the charts, and Victoria, South Australia, and Canberra all had Monday public holidays, which led to four capital city clearance rates in the 80s this week.Due to the long weekends, only 1,402 homes were
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