REAL ESTATE

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Victoria introduces portable rental bond scheme to end double bond stress

The change is expected to benefit more than 736,000 households, easing the financial strain of moving by removing the need to pay a double bond.

India’s leading Real Estate body to host annual conference in Australia

The event is expected to draw over 1500 High Net Worth Individuals (HNIs) from India's leading corporates, promising substantial economic and business benefits for Australia.

Becoming a landlord while still renting? ‘Rentvesting’ promises a foot on the property ladder, but watch your step

This would increase demand for rentals in the city and reduce the supply of owner-occupier properties in the regions, worsening the affordability of both.

Reserve Bank Holds Interest Rates Steady Amid Moderating Inflation

RBA emphasised its commitment to closely monitor global economic developments, domestic demand trends, and the labor market outlook.

Planning to buy a renovated home? Here’s what you need to know about tax

The problem home buyers face is that what qualifies as a “substantial renovation” is uncertain.

Interest rates will eventually fall but it’s a bit early for mortgagees to break out the champagne

The bank has always aimed at the midpoint of the target as the most likely way to ensure inflation averages within it.

Reserve Bank of Australia leaves cash rate unchanged at 3.60 per cent, Here’r details

Growth in the Australian economy has slowed, with growth over the next couple of years expected to be below trend.

Foreign investors buying property to pay double fees from Friday 29 July

This will generate an additional $455 million in Budget revenue over the forward estimates.

Sydney and Melbourne House prices in worrying descent as mortgage rates rise

The national fall in home values was driven by sharp monthly declines in Sydney (down 1.6 per cent) and Melbourne (down 1.1 per cent)

Should customers be alarmed with what’s happening in ‘Metricon Homes’?

"no truth to the rumours" about financial struggles within the company, says Metricon.

Must-read

Moira Deeming withdraws ‘court case’ after last-ditch plea against ‘indefensible’ disendorsement push

“The State Executive, having all the evidence before them, can now decide whether to pursue mediation or reconvene to disendorse me.”

Acclaimed Bollywood actress Rani Mukerji to receive honorary doctorate from La Trobe University

The honour recognises Mukerji's nearly three-decade career as one of India's most celebrated actors, as well as her commitment to social causes supporting women, children and marginalised communities.

Australia establishes Office of AI, world-first AI framework with mandatory standards for data centres

The Federal Government will also work with state and territory governments to ensure major AI infrastructure is built in appropriate locations with input from local communities.
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