Latest Property Investment News

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Hotspots • 09 NOV 2010

Exit fee ban might not be the answer

The Commonwealth Bank’s move to raise mortgage rates by 20 basis points more than the Reserve Bank of Australia’s (RBA) hike last week has sparked a major push to...

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Hotspots • 09 NOV 2010

ING DIRECT offers cash to switch

ING DIRECT has thrown down the gauntlet to the major banks, offering borrowers a cash incentive for switching banks.

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Hotspots • 08 NOV 2010

Exit fees on the chopping block

Speculation is mounting that banks will soon remove mortgage exit fees – making it easier for unhappy borrowers to switch loans.

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Finance • 08 NOV 2010

Rate hike hurts buyer confidence

Last week's interest rate rise has scared off home buyers as auction clearance rates plummeted in both Sydney and Melbourne.

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Finance • 08 NOV 2010

Govt to pursue bank on exit fees

The government is expected to outline the formal definition of the word “gouging” this week, which will help prosecute banks that are caught charging unfair exit...

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Finance • 08 NOV 2010

Focus on the issues rather than rate debate: REIA

Real Estate Institute of Australia president David Airey is calling on Treasurer Wayne Swan and Joe Hockey to put their energy towards developing solutions to banking...

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Finance • 05 NOV 2010

Politicians get tough on banks

A volcano of fury and frustration has erupted over the lack of competition in the banking sector, prompting political promises to toughen the regulation of the big...

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Hotspots • 05 NOV 2010

Growing preference for units over houses

Medium and high density housing accounts for 35 per cent of all home sales, and that number is increasing, a new report has claimed.

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Finance • 05 NOV 2010

Political rate debate needs u-turn: REIA

Real Estate Institute of Australia president David Airey is calling on federal treasurer Wayne Swan and opposition treasury spokesperson Joe Hockey to put their energy...

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Hotspots • 05 NOV 2010

No driver for refinancing: borrowers

While most Australians could save thousands of dollars by refinancing their mortgage, more than 50 per cent couldn’t be bothered.

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