Business confidence on rise but investment intentions remain weak
January 11, 2010
The January Survey of Investor Confidence from the Australian Chamber of Commerce and Industry suggests that business conditions have improved over the December quarter, with most expectations indicators for the next 3 to 12 months moving into expansionary territory... Read more »
A wrap up of the Melbourne property market in 2009
January 6, 2010
The Real Estate Institute of Victoria has released results of the 2009 property market, revealing the suburb in highest demand, the suburb with the most sales and the street with the most sales. REIV CEO Enzo Raimondo said that the second half of the year has been... Read more »
Dwelling approvals rise, point to strong property sector in 2010
January 6, 2010
The number of dwellings approved rose 5.9% in November 2009 following a fall the month prior, the ABS advised today, with the news greeted by economists as a positive sign for the coming year. There was a fall in the number of houses approved (-2.0%), however this... Read more »
First home buyers go small
January 5, 2010
First time home buyers are searching for cheaper and smaller homes located further from city centres in their attempt to break into the housing market, according to a new survey. The latest Mortgage and Finance Association of Australia (MFAA) research report also... Read more »
Sydney and Melbourne drive strong house price growth in 2009
January 5, 2010
Australian home prices rose by a further 1.1% in November, with 11.3% cumulative growth in the first 11 months of 2009. The encouraging performance in the wake of a downturn in the second half of 2008 was led by the two largest markets - Melbourne (+17%) and Sydney... Read more »
Overwhelming majority unsure of their credit profile
January 4, 2010
Eighty-six per cent of Australians have no idea what their credit profile looks like, according to a Newspoll survey, conducted for credit reporting and debt collection agency Dun & Bradstreet (D&B). The Newspoll survey found that 86 per cent of Australians... Read more »