Monthly Archives: June 2010


NO SAVINGS, NO HOME

 I was reading an article recently which commented on reasons why Generation Y’ers were unable to enter the property market. The article goes as follows…….. Lack of savings rather than rising interest rates and house prices is the major reason Generation Y’ers are unable to enter the property market, according to a national survey.The latest […]

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RATE PAUSE LIKELY : RBA

The Reserve Bank of Australia (RBA) has all but confirmed that home buyers can expect a reprieve from rising rates, after admitting that it’s rapid succession of rate rises had hit household spending and curbed borrowing.  Data from the Australian Bureau of Statistics shows housing finance to owner-occupiers weakened in March, falling 3.4 per cent. […]