Latest Property Investment News

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Finance • 06 AUG 2010

Banks red flagged over aggressive credit marketing

Australian banks have landed themselves in hot water with a new report accusing them of recklessly encouraging consumers to take on debt.

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Finance • 05 AUG 2010

Australians’ savings dangerously low

A new index from ING DIRECT has revealed a worrying trend among Australians’ savings patterns – or, rather, lack of savings patterns.

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Hotspots • 05 AUG 2010

ABS contradicts house price data

In contrast to recent data revealing a decline in house price growth, the Australian Bureau of Statistics (ABS) has found the weighted average of Australia’s house...

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Finance • 04 AUG 2010

Rate hold welcome news for property market

The housing industry has welcomed the RBA’s decision to keep rates on hold and called for the central bank to continue to maintain the cash rate at the existing...

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Finance • 04 AUG 2010

Cash rate on hold but mortgage rates could still rise

The official cash rate remained on hold yesterday, but in today’s mortgage market that’s no guarantee that banks and other lenders won’t increase the interest...

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Finance • 03 AUG 2010

Big banks fail to please consumers

An extensive study of consumer experience outcomes has found Australian consumers are largely unsatisfied with their banking experiences.

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Hotspots • 02 AUG 2010

Auctions continue flat run - August 2010

Auction clearance results failed to show any glimmer of improvement over the weekend, remaining relatively flat in Sydney and Melbourne, and falling significantly in...

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Finance • 02 AUG 2010

Weak property market signals need for rate hold

Weak sales figures in the property market have reinforced calls for a hold on interest rates, according to a leading industry body.

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Finance • 02 AUG 2010

Aussies ignore high interest saving returns

A high interest savings account can certainly accelerate budding property buyers’ deposits yet new data shows Australians are largely ignoring better returns.

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Finance • 01 AUG 2010

Rates on Hold, for Now - August 2010

Escalating debt problems in Europe will force the central bank to leave rates unchanged for the immediate future, writes Shane Oliver.

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