When the Reserve Bank Board meets this morning I believe they will raise interest rates by 25 basis points. If they do not they will most definitely signal the rise for next month in their statement. They really have no choice. We will see another interest rate hike either today or next month. And this […]
The gloom and doom from the media would make you think that property prices going up is a bad thing. Nothing could be further from the truth. The majority of wealthy people around the world have a large proportion of their wealth held as property. The average person will generate more wealth out of their […]
The herd mentality is steering some buyers from the market place. Loan approvals for dwellings are down to 1998 levels. And this is when we had 20% fewer people in Australia. However Australian Property Monitors research shows that the Australian property market has only come off 0.6% and Melbourne has been steady in the first […]
