First Home Buyer News

Australia’s unemployment rate fell to an all-time low of 3.9% in November 2024, surprising many with its financial resilience and exceeding the Reserve Bank of Australia’s (RBA) forecast of 4.3%. Although this decline represents a healthy functioning market and an enhanced financial system, it creates challenges for debtors. The extended period of high interest rates …

High Interest Rates Persist as Unemployment Drops: What Borrowers Should Expect Read More »

Opportunities Amid Falling Home Values National Month-on-Month Change in Dwelling Values: The chart highlights key economic and policy events from 2013 to 2023 Australian home values have nosedived for the first time since February 2023, marking a pivotal moment in the real estate industry. Following two years of robust growth, there are now different opportunities …

Surviving the Market Rollercoaster: Essential Insights for Every Borrower Read More »

RBA’s Cash Rate Set to Decline: ANZ Predicts a 4.1% Target by Mid-2025, Marking a Shift in Australia’s Financial Landscape Australasia’s finances will change a lot because ANZ believes the Reserve Bank of Australia (RBA) will lower the cash rate to 4.1% by the middle of 2025. This change in monetary policy would have an …

RBA’s Cash Rate Set to Fall: ANZ Projects 4.1% Target by Mid-2025 Read More »

Stamp Duty Relief Policy: The historical stamp duty relief policy of South Australia is emerging to be feasible for first-time buyers, allowing for increased consumption of this novel offer. The policy, which completely eliminates stamp duty for first-time home buyers until the construction of any newly built property, has not only elevated government expectations but …

Stamp Duty Relief Program Opens Doors for South Australian First Home Buyers Read More »

Australian Homebuyers and Investors Show Resilience as Mortgage Credit Continues to Climb Amid Rising Borrowing Costs This chart shows the RBA cash rate, standard, and discounted mortgage rates from 1996 to 2022, with rates declining until a sharp rise in 2022. This highlights tightening monetary policy and rising borrowing costs. Australia’s mortgage market is showing …

MORTGAGE CREDIT SOARS DESPITE RISING INTEREST RATES Read More »