API Australian Property News

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  • 03/10/2010 05:19 PM
  • Dwelling quality takes priority over quantity
  • Australians are choosing quality over quantity when it comes to the construction of new houses, Reserve Bank of Australia (RBA) assistant governor Philip Lowe says.
  • 03/10/2010 05:15 PM
  • RBA official identifies housing shortage as key challenge
  • Tackling Australia's housing shortage is one the biggest challenges facing the economy, according to Reserve Bank of Australia (RBA) assistant governor Philip Lowe.
  • 03/10/2010 05:09 PM
  • Home lending drops
  • The number of loans taken out by owner-occupiers in January this year fell by 7.9 per cent, seasonally adjusted, compared to the previous month according to the latest Australian Bureau of Statistics (ABS) figures.
  • 03/10/2010 11:45 AM
  • Fixed rate loans gain market share
  • New mortgagees have recently doubled the Australian market share of fixed rate loans from just below one per cent in January to more than two per cent in February, according to Mortgage Choice home loan February data.
  • 03/09/2010 05:08 PM
  • Interest rate rise prediction
  • The Reserve Bank of Australia (RBA) could increase the official cash rate from its current four per cent to six per cent or 6.5 per cent by the end of next year, according to a Macquarie Research Strategist.
  • 03/09/2010 05:04 PM
  • Ruling gives guidance on the meaning of ‘rent reserved’
  • A recent ruling by the State Revenue Office (SRO) Victoria has provided guidance on the meaning of the term 'rent reserved' in lease provisions. In 2009, Section 7(1)(b)(v) of the Duties Act 2000 (the Act) was amended to make sure that certain lease arrangements aren’t used as a mechanism for avoiding duty.
  • 03/09/2010 04:28 PM
  • Queensland agrees to fresh look at valuations
  • The Queensland Government has agreed to revamp its controversial changes to the state's system for land valuation, in the wake of concerted lobbying from the property industry.
  • 03/08/2010 04:57 PM
  • Some fundamentals of property
  • Land, building or capital improvements and market conditions are some of the fundamentals of property, according to Direct Negotiations buyers advocate Chris Nicolas.
  • 03/05/2010 12:58 PM
  • Rates to affect first homebuyer plans
  • Future interest rate rises could scare first homebuyers off entering the property market, according to a Mortgage Choice survey.
  • 03/04/2010 05:51 PM
  • Vacancy rates the key to rental growth
  • The idea that higher interest rates lead to rising rents is a myth, property researcher Michael Matusik says.
  • 03/03/2010 05:40 PM
  • Defaults can kill home purchase plans
  • Young Australians put their dreams of buying property at risk if they skip payments on telecommunications and utilities bills, according to Mortgage Choice chief executive Michael Russell says.
  • 03/02/2010 03:35 PM
  • Rates rise to 4 per cent
  • The Reserve Bank has lifted official interest rates 0.25 of a per cent to four per cent and has hinted at further rises to come.
  • 03/02/2010 10:59 AM
  • Why predicting the market can be tricky
  • Making short-term and long-term predictions about the property market can be reasonably easy but it's a different story with what happens in the middle, according to Metropole Property Investment Strategists director Michael Yardney.
  • 02/26/2010 03:49 PM
  • Developers’ rights reinstated over covenants
  • The Queensland Government is revising legislation designed to ensure property covenants didn't prevent people from installing energy efficient measures in their homes.
  • 02/26/2010 09:41 AM
  • Auditor General investigates green loans
  • The Green Loans Scheme will be audited, following issues arising from what started as an excellent initiative, said Australian Greens Deputy Leader Christine Milne.