An Australian bank has hiked interest rates for fixed and variable mortgages, days before the RBA convenes for its March meeting. Mortgage holders were given a brief reprieve over the past month with the RBA putting a pause on increasing the cash rate target at its February meeting. Despite this,Continue Reading
Another real estate agent has found herself in hot water after being accused of presenting renters as “second-class citizens” in a video promoting a new golf course housing estate in Gympie. In a now-deleted TikTok video, realtor Karen Robinson was seen promoting land in Royal Pines Estate as highlighted thatContinue Reading
Commonwealth Bank has raised interest rates following other big four banks following the Reserve Bank’s latest hike. CBA lifted its variable home loan rates by 0.25 per cent, in a move that’s matched Westpac, ANZ, and NAB. Westpac and the ANZ announced on Thursday they’d be increasing the variable interestContinue Reading
They’re one of the most common property types in the country – but experts now agree the humble two-bedroom apartment is well and truly on the nose. Once upon a time, apartments in general were rare outside of the inner cities, but in recent years they have fast become aContinue Reading
Since the RBA first began raising interest rates in May last year, it has come under a great deal of criticism for raising rates much earlier than its previous commentary had suggested. The broader narrative was that it was highly unlikely that the RBA would raise interest rates before 2024.Continue Reading
In the life and times of Australian households, there are turning points after which things are irrevocably changed for decades to come. On February 23, 1990, the RBA cut the cash rate from 17.5 per cent to 17.0 per cent. Over the next three-and-a-half years the cash rate would beContinue Reading