After yet another month of indecision it’s clear that the RBA have cemented their heads firmly in the sand. Briefly, here’s my analysis of why their interest rate strategy is NOT working…
I'm Kevin Young and I'm not happy. RBA are at it again. They raised rates when we had 4.3% unemployment and they killed it. It went up 50%, so we're now sitting on 6.5. What are they doing now to the construction industry? They said, "We need construction to replace the jobs lost in the mining sector." That happened. Investors flooded into the market to take them up on their offer. Whoa! They've changed their mind now, too many investors who are mum and dad's. They completely are ignorant of the fact that mum and dad's buy only completed stock, not off the ground.
What's going to happen if you're a builder? You're not going to build your next building, are you? You're not going to employ more people. Property prices are going to go up because of the banana story.
Western Australia has held off a surging Queensland to once again claim the title of Australia’s best-performing economy, according to the latest CommSec State of the States Report. For the second quarter in a row—and only the second time in a decade—WA leads the nation, topping five of eight key economic...
In this timely video update, economist Clifford Bennett provides a snapshot of Australia’s economic and property market conditions, delivering his analysis from the heart of Sydney. Highlighting key indicators like rising global oil prices, the likelihood of interest rate cuts by the Reserve Bank, and the immense...
When December rolls around, it’s all too easy to let your property investment goals take a backseat. The allure of holidays, festive gatherings, and a ‘fresh start next year’ mentality can be tempting. But here’s a little-known secret: the quieter end-of-year market is brimming with opportunity for those ready to...
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