Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 318 results for "House prices"

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... these schemes are intended to help more Australians enter the housing market by lowering the deposit bar, rising house prices have also made saving up for a deposit harder. According to the latest CoreLogic data, the median home value in Australia is ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... comparison. Home loan approvals in Victoria (68%) were the next-strongest, followed by Queensland (64.3%) and ACT (63.5%). House prices in Tasmania trumped the other locations, jumping 28.7% in the year to December 2021. NSW (up 26.2%), Queensland (up ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... loan books for sale from the major aggregators continue to be scarce, prices may rise further," Birt said. "With house prices up 40% in two years and approved loans up a similar level, upfront commission on the new loans has also risen, which is why ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
... among housing experts that encouraging people to raid their retirement savings for a deposit will simply increase house prices," ISA said. "This is because the resulting additional demand for housing will not be matched by an increase in supply. The ...

Financial services market skyrockets

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... billion JobKeeper wage subsidy has supported the economy over the last year and is still having an impact today with house prices continuing to rise despite a series of lockdowns around the country over the last few months."

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... housing (6.6% vs. 6.2%) and investment housing (1.6% vs. 1.1%) picking up pace. This makes the continued rise in house prices hardly surprising. CoreLogic's "5 capital cities aggregate" home value index rose by 1.9% over the month of June and by ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... policy to encourage investment in the sector aimed at increasing the supply of new houses and thus, relieve escalating house prices. But demand for residential property continues to grow faster, underpinned by the faster than expected economic recovery ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... post-pandemic recovery. Nearly three quarters (73%) of the experts believed that high mortgage debts, reflecting high house prices, raise instability risks for the economy and 85% think short term interest rate policies are insufficient to support macroeconomic ...

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... residential housing price growth are the same ones boosting housing price growth. Then again, putting an end to rising house prices - with all the multiplier effect that goes with it - could also get the general economy undone. If the Reserve Bank of ...

Putting the local property boom in perspective

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
Knight Frank's latest global house prices index has provided a bit of perspective on the red hot residential property markets of Australia's capital cities. There was a 7.3% average change in prices across 56 countries and territories, with Turkey experiencing ...