Investor demand is finally entering positive territory
Further cutting the official cash rate “isn’t going to help” borrowers of any type, says financial analyst
With lenders placing profit over customers by failing to pass through rate cuts, Frydenberg tells borrowers to “take their business elsewhere”
Investor activity in the residential property market has taken multiple hits over recent years, the latest being a 3.4% decline in returns in FY18/19, compared with a rally of 11.4% on ASX investments. Australian Broker examines the situation and where the opportunities lie for brokers
It would be “unrealistic” to expect June’s reduction to be enough, he says
Much anticipated RBA decision comes amidst growing expectation of first cut since 2016