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GENERATION Y is ignoring Perth’s urban sprawl suburbs and instead flocking to established middle-ring suburbs in the search for a better lifestyle. All but one of the top 10 suburbs which have recorded the biggest increases in the number of 25-to-34-year-old homebuyers and renters were 10-20km from the CBD. Caversham, 15km east of the CBD, […]
The cost of housing has continued to rise across most parts of the country over the past 12 months, pushing the proportion of homes selling for at least one million dollars to new record highs. Bracket creep should come as no surprise in markets like Sydney and Melbourne where dwelling values have increased by 77% […]
With each Lender having up to 42, yes that’s right 42, different variable rates & probably the same again for fixed rates, yes the Mortgage market has become ridiculously complex .Ongoing lending changes driven by APRA’s macro-prudential measures have dramatically changed the way one broker is helping his clients. While the banking regulator’s lending […]
The major bank believes that the Reserve Bank of Australia will raise the cash rate by 25 basis points in August and November. According to NAB’s December edition of the Forward View report, the RBA will not have much impetus to begin hiking the cash rate until it sees a pick-up in wages growth, which […]
Hundreds of Latitude Insurance customers will be refunded a total of $1.1 million after the insurance provider mis-sold consumer credit insurance with personal loans. Hallmark General Insurance Company Ltd (which trades as Latitude Insurance) will refund 905 customers after it mis-sold consumer credit insurance (CCI) with Latitude personal loans and denied insurance claims made on […]
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