An article on The Adviser talks about Australia entering into a Free Trade agreement with China and this, if anything should further boost entry of the Asian giant into the Australian real estate. Australia gives an impression of regulatory transparency, stable economy and less red tape; together this makes for a perfect recipe and substantiates why many look to invest here.
In-demand sites may see prices rising further due to competition between Chinese investors and the local ones. There is no denying that the Australian dollar is helping the Asian cause.
You can read the original article here.
In an article for the website The Adviser, Nick Bendel talks about the inclinations towards spending and borrowing manifest by the First Home Buyers. FHBs are going the ‘personal loans’ and ‘credit card’ way to conjure up the upfront costs.
The housing industry which got a bad jolt with the dwelling approvals in the month of September saw it come all right in October; what with apartment approvals leading the charge and robustly so, reports Michael Yardney for the website Property Update.
Westpac expects interest rate to come down in 2015. This is a bipolar change from what they had previously anticipated for 2015, reports Simon Frazer for the website abc.net.au. Experts feel that GDP is the main reason why rates can only fall from here on and that too in a very short time from now.
Damian Collins writes a piece about damaged fences in an article for the website Property Update.
In an article for the website Property Update, Michael Yardney says that the cash rate is going to stay where it is for sometime but an ascension in rates is on the cards next year and this will be followed by a downward cycle, perhaps as soon as 2017.
