The first home buyer market had a bumper year in 2020 due to modest declines in property prices, reduced investor activity, and a range of government incentives. But with those advantages tailing off, how will first home buyers compete in 2021? Another week, another big bank tipping national property prices are set to boom. This…
Australia’s housing market is on the “cusp of a boom”, with house prices set to leap 16% over the next two years, according to the Commonwealth Bank (CBA). The head of economics at Australia’s biggest bank, Gareth Aird, predicts national house prices will surge 9% in 2021 and a further 7% in 2022. Apartment prices…
How well placed is your retail business when it comes to its digital transformation? Today we’ll look at some of the ways your competitors might be complementing their bricks and mortar stores with online empires. For some retailers, COVID-19 was the death knell for their business. For others, it gave a much-needed nudge to supplement…
Great news just in for first home buyers: the Australian government will reissue 1800 First Home Loan Deposit Scheme (FHLDS) spots from the 2019-20 financial year. The 1800 spots are back up for grabs because people who previously reserved a spot in the Australian government scheme were unable to complete the purchase of their first…
After a bumpy 2020, 2021 is already rewriting the record books. From property prices, to interest rates, to refinancing – no matter which way you look records are being broken. Today we’ll look at why property market sentiment is riding so high. How quickly things can turn around. It wasn’t too long ago (9-10 months,…
If you’re worried about how to recover from the horror show that was 2020, you’re not alone. Two-thirds of Australian small to medium businesses feel the same way, research shows. As SMEs look towards “COVID-normal” in 2021, many are wondering how they will rebound from the stresses and strains of the past year. In fact,…
When coronavirus broke out across Australia, doomsday reports tipped the property market could fall as far as 30% across the country. Fortunately, that wasn’t the case. Here’s how to find out how your suburb actually fared. A realestate.com.au analysis shows that property prices actually grew in most Australian suburbs throughout 2020. Yep, that’s right. Despite…
It’s the document that was never meant to see the light of day. But a Freedom of Information request reveals the Reserve Bank of Australia projects a 30% increase in house prices if interest rates remain low for the next few years. The internal, not-meant-for-public-viewing analysis by the RBA looks at the impact of low interest rates…
Long gone are the days of Holden vs Ford. These days it’s all about the SUV vs the great Australian ute. So which vehicle type topped the list in 2020? Let’s wind back the clock a bit. It’s the year 2000: we’ve dodged Y2K (phew!), you can still photograph your kids sitting next to the…
While you were kicking your feet up over the festive season, did you flick open your phone and scroll through real estate listings in your dream location? If so, you might’ve noticed there were fewer properties listed for sale than usual. Here’s why. If you couldn’t find exactly what you were looking for, don’t stress…
