According to an article in the Adviser today. “The housing recovery is expected to come to a halt over the next 12 months, the Housing Industry Association’s (HIA) latest report has shown. According to the HIA’s quarterly National Outlook Report, the healthy first stage new home building recovery is likely to run out of [...]
All finance brokers in Australia come under the new National Consumer Credit Protection Bill on the 1st July 2010. According to Rosanne Bell, Senior Executive, Registry Services & Licensing for the Australian Securities & Investments Commission: “If you currently engage in credit activities under state or territory legislation, and you want to continue to [...]
A recent article extract from The Adviser stated below. “Australia’s property market has been named as one of the best in the world, thanks to a 20 per cent increase in house price growth last year. According to a report of 47 countries by Knight Frank, Australia ranked fourth in terms of house price growth. Knight [...]
Low vacancy rates, share market volatility and reduced first home buyer demand is causing investors to flood back into the property market. According to data from the Australian Bureau of Statistics, investors accounted for $7.99 billion worth of all home loans issued in April 2010 – a 1.5 per cent increase on the previous month. [...]
