Archive for March, 2012

Mortgage stress…What mortgage stress?

Friday, March 30th, 2012

For most people, the Reserve Bank of Australia’s bi-annual Financial Stability Review is a tough read. For anyone interested in the housing market however, the section on household balance sheets (pages 41 to 46) is essential reading. Of particular interest is the analysis on mortgage arrears across Australia and the comparisons ...

A rates recipe to hinder housing

Thursday, March 29th, 2012

As Australian banks shift funding ratios towards local deposits interest rates will remain higher than many expect, limiting property growth and toughening retail and manufacturing borrowing. 29 Mar 2012 7:21 AM View full post on WBC | RSS Business News Feed | Business Spectator

Where can you buy a home under $300,000?

Monday, March 26th, 2012

RP Data’s Property Pulse report released this week provides a comprehensive segmentation of median house prices by suburb across the capital cities.  The research results showed that just 7.1% of capital city suburbs have a median house price less than $300,000.  The lowest proportion was Canberra where there wasn’t a single suburb ...

THE DISTILLERY: Rating Newman

Monday, March 26th, 2012

One jotter highlights Campbell Newman's credit rating challenge, while others look at an RBA study that shows Australians are saving more. 26 Mar 2012 6:55 AM View full post on WBC | RSS Business News Feed | Business Spectator

Big four banks cut deposit rates: analysis

Friday, March 23rd, 2012

Rate cut, home loan hike part of effort to preserve profits. 23 Mar 2012 8:59 AM View full post on WBC | RSS Business News Feed | Business Spectator