The Property Imperative 8 Now Available

The latest and updated edition of our flagship report “The Property Imperative” is now available with data to end February 2017. This eighth edition updates the current state of the market by looking at the activities of different household groups using our recent primary research, and other available data. It features recent work from the … Continue reading “The Property Imperative 8 Now Available”

Auction Volumes Surge Past 2,000 This Week

From CoreLogic. The combined capital city preliminary clearance rate remained in the high 70 per cent range over the week, despite auction volumes reaching the highest level so far this year.  There were 2,280 dwellings taken to auction this week, significantly increasing from 1,591 over the previous week, with 77.0 per cent of auctions reported … Continue reading “Auction Volumes Surge Past 2,000 This Week”

Time For Some Straight Talk On Credit Card Rates

The ANZ move to cut rates on some of its cards will stimulate more discussion on the economics of the credit card business. It may appear a bold move, but we are not so sure. Actually all the the various bank and ABA initiatives are not necessarily going to help to rebuild trust in the … Continue reading “Time For Some Straight Talk On Credit Card Rates”

Australia needs to reboot affordable housing funding, not scrap it

From The Conversation. Federal government ministers have cast a cloud over funding for social housing and homelessness services, leading to speculation that the National Affordable Housing Agreement (NAHA) may not survive the 2017 budget. Treasurer Scott Morrison and Assistant Treasurer Michael Sukkar point to the recent Report on Government Services, which shows the number of … Continue reading “Australia needs to reboot affordable housing funding, not scrap it”

Baby Boomers digging into retirement savings to help their kids buy houses

From StartsAt60. We’ve all heard stories about some Baby Boomer parents helping their kids out to buy their first home. But as a new report, released by Digital Finance Analytics, has revealed, it’s becoming a growing trend across the country. The report shows a growing number of Baby Boomer parents are giving their adult children … Continue reading “Baby Boomers digging into retirement savings to help their kids buy houses”

ANZ’s new credit card rate isn’t making the cut, say critics

From The NewDaily. When you’re doing well, a little generosity is appreciated – except if it is too little, which is what consumer advocates and MPs are saying about ANZ’s surprise announcement that it will be trimming interest rates on its credit cards as of February 28. And make no mistake, ANZ is doing very well … Continue reading “ANZ’s new credit card rate isn’t making the cut, say critics”

ANZ To Cut Some Credit Card Rates

ANZ has today announced it will reduce purchase interest rates on two credit cards by up to 2.00%pa, which is the lowest these rates have been for customers since 2003. Effective Thursday 23 February, ANZ will reduce the purchase rate on its Low Rate Platinum card by 2.00%pa to 11.49%pa, and its Low Rate Classic … Continue reading “ANZ To Cut Some Credit Card Rates”

Tackling housing unaffordability: a 10-point national plan

From The Conversation The widening cracks in Australia’s housing system can no longer be concealed. The extraordinary recent debate has laid bare both the depth of public concern and the vacuum of coherent policy to promote housing affordability. The community is clamouring for leadership and change. Especially as it affects our major cities, housing unaffordability … Continue reading “Tackling housing unaffordability: a 10-point national plan”

Auction Clearance High, Again

The preliminary data from Domain shows that nationally auction clearances were 79.3% with 1,812 listed. Sydney cleared at 83.1% on 675 listed whilst Melbourne cleared 79% on 719 listed. All higher than last week and total volumes higher than a year ago – so no signs of slowing momentum so far. Brisbane cleared 52% on … Continue reading “Auction Clearance High, Again”

Macroprudential – How To Do It Right

Brilliant speech from Alex Brazier UK MPC member on macroprudential “How to: MACROPRU. 5 principles for macroprudential policy“. He argues that whilst macroprudential policy regimes are the child of the financial crisis and is now part of the framework of economic policy in the UK, if you ask ten economists what precisely macroprudential policy is, … Continue reading “Macroprudential – How To Do It Right”