In recent weeks, the US Federal Reserve and Bank of Canada joined the ranks of dozens of central banks globally that have raised interest rates in a bid to fight inflation. In October, the Reserve Bank of New Zealand (RBNZ) took the lead by being the first anglosphere central bank to raise interest rates. It was …
Aussie interest rate hikes will be precarious for housing market Read More »
What should I look for when investing in property? When investing in property, you will likely be looking to make money rather than buy a home to live in. If you are investing in a property in Australia—a popular way to invest for Aussies—it is important to determine whether it makes sense for you and …
Once interest rates go up, they will continue to go up very quickly, and mortgage holders will bear the brunt of the pain. Mortgage holders have been dreading the day the Reserve Bank of Australia hikes up interest rates but they are underestimating how quickly it will rise – once the floodgate opens, an expert …
Borrowers warned of multiple interest rate hikes once RBA opens up floodgates Read More »
Affordable towns and suburbs across Queensland have emerged as the shining stars of the property boom, with strong growth markets now emerging in some unlikely places. From family budget-friendly suburbs on the Gold Coast to tourist and outback towns and affordable suburbs in major regional cities, 17 of Australia’s top 100 ‘supercharged’ suburbs are in …
An Aussie mortgage holder with $500,000 owing could see their monthly repayments rise by more than $200 if forecasts of an earlier interest rate hike are realised. The Commonwealth Bank is now expecting rates to be increased in June following higher than expected levels of inflation and strong employment figures. Currently, CBA expects the RBA to lift rates …
How much it will cost Aussie mortgage holders if interest rates are hiked in June Read More »
The New South Wales government has awarded a $2.1-billion contract to deliver the next stage of the Sydney Metro West project. The Gamuda Australia and Laing O’Rourke consortium will take charge of the tunnelling contract to deliver a 9km kilometre section of the project comprising twin metro rail tunnels between Sydney Olympic Park and Westmead. Gamuda and Laing O’Rourke were selected ahead of a consortium …
Consortium for $2.1bn Metro Rail Contract Announced Read More »
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