New research by the Reserve Bank shows that foreigners accounted for around one-quarter of the value of commercial property purchases in Australia since 2008
As the new financial year kicks off, consumer confidence remains in the doldrums. What flow-on effects will this have on the property market? AMP chief economist Shane Oliver has told Australian Broker TV that a great deal rests on the incoming budget measures.
A knee-jerk reaction from the Reserve Bank to try and cool riA kneejerk reaction from the Reserve Bank to try and cool rising house prices could be “disastrous” for the economy, says one broker industry figure
A Reserve Bank board member is cooling fears over the rising prices of Australia’s property market.
COVER: Brokers on Non-majors
Growth in the Australian economy has pulled back in the June quarter, but still exceeded economic forecasts