RBA Monetary Policy Decision: 4 April 2017

Unsurprisingly, the Board of the RBA has decided to leave the cash rate unchanged at 1.50%. As we have said since late last year, we don’t expect conditions in Australia, or globally, to push the RBA off the fence anytime soon. Unfortunately, in Australia, rising property prices in Sydney and Melbourne, fueled in large part by [...]

By | 2017-11-26T02:51:35+00:00 April 4th, 2017|In the news, Property Investment|Comments Off on RBA Monetary Policy Decision: 4 April 2017

Victorian Government Abolishes Stamp Duty on Properties Under $600k

First Steps for First-Time Homebuyers to Get Easier from 1 July Victoria’s Labour Premier Daniel Andrews has recently announced 7 new policies in a little under a week to attempt to address the issue of housing affordability (or rather lack thereof). This included announcing that from 1 July 2017, Stamp Duty will be abolished for [...]

By | 2017-11-26T02:48:42+00:00 March 25th, 2017|In the news, Melbourne Property, Property Investment|Comments Off on Victorian Government Abolishes Stamp Duty on Properties Under $600k

RBA Holding Firm Once Again

Unsurprisingly, the RBA has decided to leave the official cash rate on hold at 1.5% p.a. at its meeting today, Tuesday, 7 March 2017. In fact, we would not be at all surprised to see rates stay on hold for the rest of 2017, given the current macroeconomic picture. Low global growth, inflation figures, and [...]

By | 2017-11-26T02:48:42+00:00 March 7th, 2017|In the news, Property Investment|Comments Off on RBA Holding Firm Once Again

Is The Sydney Property Market Really That Hot?

Sydney's property market has been experiencing unsustainable price growth in recent years. And not just in the city itself, but in the surrounding suburbs as well. So, what’s behind this steady rise in prices...and what does the future hold for the property market in Sydney? Let's look at what has caused these double digit price [...]

By | 2017-11-26T02:48:42+00:00 March 1st, 2017|Australian Property, Property Investment|Comments Off on Is The Sydney Property Market Really That Hot?

Happy Valentine’s Day and Our Musings on Love…

Love… What is it? Are you in it? Have you lost it? Have you given up on it? Or perhaps you’re still looking for it?   Given that today is Valentine’s Day, I am going to ask your patience as I take a rambling musing on the topics of love...and money. At The Property Mentors, [...]

By | 2017-11-26T02:48:42+00:00 February 14th, 2017|Property Investment|Comments Off on Happy Valentine’s Day and Our Musings on Love…

RBA Rates Announcement – and What This Means for Property in 2017

Well, it looks like for once we are in the majority. The RBA has held its first meeting for 2017. As we accurately forecasted — as well as 100% of the economists from the website finder.com.au’s RBA survey (32/32) and 85.94% of the 300 brokers surveyed by online mortgage platform HashChing — the RBA has [...]

By | 2017-11-26T02:51:42+00:00 February 7th, 2017|Property Investment|Comments Off on RBA Rates Announcement – and What This Means for Property in 2017

Happy Australia Day!

Happy Australia Day! The 26th of January marks the anniversary of the 1788 arrival of the First Fleet of British Ships at Port Jackson, New South Wales, when Governor Arthur Phillip raised the Flag of Great Britain at Sydney Cove. Obviously, some members of Australia’s Aboriginal community may not feel like “celebrating" this event in [...]

By | 2017-11-26T02:48:42+00:00 January 26th, 2017|Property Investment|Comments Off on Happy Australia Day!

With 2016 in the Bank, What’s in Store for 2017?

With 2016 in the Bank, What's in Store for 2017? According to the latest Corelogic data, in 2016 Australian property prices recorded an annualised median price growth of 10.9% p.a., the highest annualised growth for a calendar year since 2009. When we add in the yields from rentals, the total combined capital city returns become [...]

By | 2017-11-26T02:49:24+00:00 January 7th, 2017|Events, In the news, Property Investment|Comments Off on With 2016 in the Bank, What’s in Store for 2017?

Economic Roundup: From the RBA to the Italian Banking Criss

Economic Roundup: From the RBA to the Italian Banking Crisis In its final meeting for 2016, The Reserve Bank Of Australia surprised no one by keeping the official cash rate unchanged at 1.5% p.a. The RBA was probably quite happy to see Donald Trump heading into the White House after his surprise November election win, [...]

By | 2017-11-26T02:49:25+00:00 December 6th, 2016|Events, In the news, Property Investment|Comments Off on Economic Roundup: From the RBA to the Italian Banking Criss

Ready for the Next Level?

Ready for the Next Level? I was recently in Sydney, and as I puttered around Sydney Harbour on my morning sojourn, I found myself standing underneath the Sydney Harbour Bridge. By the way, it’s quite the feat of engineering. Opened in 1932, the Sydney Harbour Bridge consists of 4 x 89 meter pylons consisting of [...]

By | 2017-11-26T02:49:25+00:00 December 6th, 2016|Property Investment|Comments Off on Ready for the Next Level?

Superannuation Policy: What Will These Changes Mean For Your Future?

Superannuation Policy: What Will These Changes Mean For Your Future? OK, by the very nature of change there are always going to be some winners and some losers from any changes to superannuation policy. However, understanding the need for these changes is probably a good first step in understanding how you may be affected. Given [...]

By | 2017-11-26T02:49:25+00:00 October 6th, 2016|Property Investment|Comments Off on Superannuation Policy: What Will These Changes Mean For Your Future?