Kate Burke| Domain| 20 June 2022 Australia house prices: The property type defying the downturn, for now (smh.com.au) Property prices for cheaper homes are holding up the best in Sydney and Melbourne’s cooling markets, while affordable homes are seeing the strongest growth in most other cities. Less expensive properties outperformed their pricier counterparts over the […]
[...]
Jason Nassios & James Giesecke| The Conversation| 20 June 2022 Swapping stamp duty for land tax would push down house prices but push up apartment prices, new modelling finds (theconversation.com) In Tuesday’s budget, NSW will announce a switch from stamp duty to land tax. It will become the second Australian jurisdiction to do so, with the […]
[...]
Domain Research| 23 June 2022 Domain Spotlight Report – New South Wales It’s no secret that the NSW property market is the priciest in Australia, and Sydney competes on a global scale as one of the world’s most expensive cities in which to purchase a home. Though you’ll be hard-pressed to match the lifestyle and […]
[...]
Joey Moloney and Breandan Coates| The Conversation| 7 June 2022 The housing game has changed – interest rate hikes hurt more than before (theconversation.com) The Reserve Bank has lifted the cash rate for the second time in two months, this time by 0.50 points to 0.85%. It won’t be the last such hike. Forecasters expect […]
[...]
Phoebe Loomes| New Daily| 19 June 2022 NSW to introduce ‘shared equity’ scheme to boost home ownership (thenewdaily.com.au) Frontline workers and singles over 50 will receive “a leg up” into the NSW property market, with the state government to introduce a shared equity housing scheme in this week’s budget. Premier Dominic Perrottet says housing affordability is […]
[...]
Robert Harley| Australian Financial Review| 23 June 2022 https://www.afr.com/property/commercial/buyer-beware-the-choice-between-land-tax-and-stamp-duty-20220622-p5avlt Karl Fitzgerald, the advocacy director at Prosper Australia, is a strong believer in the benefits of replacing property stamp duty with a broad-based land tax. But he has a warning for first-home buyers attracted to the Perrottet government’s proposal for an opt-in annual land tax to replace stamp […]
[...]Rebecca Pike| Australian Broker| 25 October 2018 https://www.brokernews.com.au/news/breaking-news/brokers-60-share-of-lenders-loans-256559.aspx Brokers made up 60% of new lending at state government-backed HomeStart over the last financial year. As an ‘integral and growing contributor’, the broker channel increased from 54% of loans settled last year, with 988 new loans worth $302million this year. Overall, the non-bank helped 1779 people […]
[...]Rebecca Pike| Australian Broker| 27 October 2018 https://www.brokernews.com.au/news/breaking-news/digital-bank-founder-talks-brokers-256652.aspx A fintech founder with a passion to change the way banking is done, has explained why he will not be disregarding the broker channel in the future. Speaking to Australian Broker at Salesforce’s Financial Services Basecamp in Sydney last week, the co-founder and CEO of volt, Steve […]
[...]Any property buyer can tell you that the lending world has changed. But, changed lending criteria driven by the Australian Prudential Regulation Authority (APRA) is superficial compared to what is about to happen due to technological changes. Fintech has the potential to radically transform the world of property and finance – yet it also implies […]
[...]James Eyers| Australian Financial Review| 28 September 2018 https://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-interim-report-business-lending-in-the-clear-20180928-h15zcu Business lending is highly unlikely to face calls for tougher regulation in the final report of the royal commission, after Commissioner Kenneth Hayne suggested the hearings did not identify any need for consumer law protections to be extended to cover small business loans. “The evidence and […]
[...]John Kehoe| Australian Financial Review| 23 September 2018 https://www.afr.com/news/small-business-blames-real-tightening-in-credit-on-the-banking-royal-commission-20180922-h15qg6 Small business says it is facing a credit crunch and is blaming the royal commission into financial services for causing nervous banks to slow lending to the self-employed. The moderation in lending to small firms in recent months appears to be an unintended consequence of anecdotal […]
[...]Rebecca Pike| Australian Broker| 27 September 2018 https://www.brokernews.com.au/news/breaking-news/bank-withdraws-smsf-lending-255441.aspx The number of banks offering self-managed super fund (SMSF) lending has dropped again as another lender announces it is pulling the product from its offering. AMP has followed similar moves from CBA and Westpac in discontinuing the lending. The bank said it will continue to support existing […]
[...]
Roughly two million older Australians are considering moving homes when they retire. But they won’t be giving up the spare bedroom. It will be reserved for friends and family, or repurposed into a study or sewing room – extra space that will allow them to “age in place” and stay connected to their community. Downsizing […]
[...]
If national prices continue on their current trajectory, 2020 will see the fastest market recovery in Australian history, according to property research group CoreLogic. The property downturn saw an 8.4% correction in values. In just seven months, this fall has largely been made up, with prices on track to fully recover in the next three […]
[...]
Exclusive Australian Bureau of Statistics data has revealed the staggering difference in wealth of older Australians in owner-occupied households compared to those that rent. Key points: – Those who own property as they approach retirement are much better off than those of the same age who rent, ABS data shows – Rates of home ownership […]
[...]
It’s a rising market and that should spell profit for mortgage brokers, real estate agents, financial planners and accountants Yet, recent legislation passed in Canberra means that the way Australians source loans in 2020 will be different to before. Under the recent changes, mortgage brokers will be legally required to work in the Best Interest […]
[...] Housing finance increased steadily by another 1.3 per cent in September – taking growth since May to 15 per cent. Already, market commentators are predicting that Sydney and Melbourne will hit record highs in April 2020. But where will the finance come from? This month the increase was driven by homebuyers, while investor lending dropped […]
[...]
Jack Derwin| Australian Financial Review| 8 November 2019 https://www.afr.com/property/residential/aussie-property-prices-set-to-break-record-highs-by-start-of-next-year-20191108-p538l9 Property prices are soaring in Australia like it’s 2015. That may be welcome news for investors, but it’s bound to startle wannabe first home buyers. Not least of which because at this rate, prices look set to hit new heights in the first half of next […]
[...]
Our head office is located in North Sydney. However, Accredited Broker has offices and training areas nationwide. Level 3 /97 Pacific Hwy North Sydney NSW 2060
POST PO Box 6478 North Sydney NSW 2059
1300 136 947