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Support for Reverse Mortgages

News 10
Posted at 28 August, 2004

During a mortgage and advice forum in Sydney this week, Bluestone Equity Release has called on the Government to consider alternative methods such as reverse mortgages to ensure older Australians are able to fund their own retirement rather than rely on G......

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Office Vacancy Tightens

News 9
Posted at 25 August, 2004

Everybody's happy after hearing the latest report from the Property Council of Australia [PCA] because the Gold Coasts overall office vacancy rate dropped to 7.1% which is a significant improvement from the 11.8% a year ago.......

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Demand Strong

News 8
Posted at 24 August, 2004

According to data released by the Australian Bureau of Statistics (ABS) this week the value and number of new home loans issued fell during the month of June 2004.......

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Building approvals rise in June quarter

News 7
Posted at 21 August, 2004

New data released late last week by the Australian Bureau of Statistics (ABS) showed, on a seasonally adjusted basis. Total new building approvals rose by 1.5% during the June 2004 quarter to 14,713 and approvals for private sector houses also rose by 2.......

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Agents & mortgage brokers can offer tax advice

News 6
Posted at 21 August, 2004

A draft ruling by the Australian Tax Office (ATO) has cleared the way for; Real Estate Agents, Mortgage Brokers, Banks and Conveyances to offer tax advice to their clients in limited circumstances where the advice is incidental to the service being provid......

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No interest rate change for eighth month

News 5
Posted at 21 August, 2004

As a result of its meeting early in the week the Reserve Bank of Australia has elected to leave interest rates steady again this month. Although the bank gave no reason for its decision to leave rates unchanged many economists believe the combination of t...

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Home Ownership Determines Wealth

News 4
Posted at 21 July, 2004

Study shows home ownership determines wealth. The National Centre for Social and Economic Modeling at the Australian National University (ANU) in Canberra has just completed a study on home ownership in Australia and the results indicate home ownership, r...

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Boom Still Strong in Queensland

News 2
Posted at 15 July, 2004

Economic boom may keep rates low, a panel of 20 leading business and economic forecasters, brought together by The Age newspaper has found Australias current economic boom is set to continue for at least another 12 months.......

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MBA Confirm Strong Market

News 1
Posted at 15 July, 2004

According to Master Builders Australia (MBA), the peak body for the building and construction industry, the Australian housing sector is entering an uncertain period but, despite this, the MBA believe there is nothing to suggest the market will experience......

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What the Banks say

News
Posted at 01 July, 2004

A research study published by the Geneva based Bank of International Settlements said central banks, including the Reserve Bank of Australia, should express their inflation objectives over a longer period, so they have the latitude to increase interest ra......

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