Category Archives: LJ Gilland Real Estate Pty Ltd

Credit is Key – Australia 23-9-19

Credit is the key Westpac’s economics team has a relatively positive view on things, arguing the market will likely put on almost 15 per cent from its June low to the end of 2020. However, the bank says it all … Continue reading

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Most Australians are spending more of their income on housing than they used to, but low-income households are being squeezed the hardest. Many are in poverty, and many more are suffering financial stress. A growing number of Australians are becoming … Continue reading

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Housing market conditions are responding to lower interest rates as well as the recent loosening of loan serviceability rules from APRA and the positive influence of the stable federal election outcome

The Reserve Bank has revealed its cash rate verdict for September, following its monthly board meeting. The Reserve Bank of Australia (RBA) has held the official cash rate at 1 per cent, in line with market expectations. Analysts are expecting … Continue reading

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National home values grew by 0.8 per cent over August, suggesting the Australian property market may have turned a corner. This is the first time the national index has increased since October 2017, the latest research from property analytics firm, … Continue reading

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The latest changes to REIQ Contracts and paper Certificates of Title in Queensland. Certificates of Title no longer required

  This edition of our newsletter discusses the latest changes to REIQ Contracts and paper Certificates of Title in Queensland.   Certificates of Title no longer required From 1 October 2019, paper Certificates of Title will no longer be used … Continue reading

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Even the pros don’t know what’s up. AP Photo/Richard Drew How to invest if you’re worried a recession is coming Alexander Kurov, West Virginia University August 21, 2019 8.32am EDT Although the U.S. economy continues to grow and add jobs, … Continue reading

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At a glance: Although Australians in the property market have become more optimistic about house prices over the next 12 months, housing affordability remains the top worry, with 93% agreeing that ‘despite price falls housing affordability remains a big issue in Australia’, according to ME Bank’s second Quarterly Property Sentiment Report. All other perceived worries queried in the report have eased over the past three months, including concern about tighter credit policies (10 point drop), over negative equity (7 point drop), about being forced to switch to interest-only repayments (7 point drop), and concern about property values falling (5 point drop) all eased. Additionally, the report found more people sitting on the fence when it comes to transacting property; less are intending to buy (down three percentage points), less are intending to sell (down one percentage point) and more people intend to do neither (up five percentage points).

Although Australians in the property market have become more optimistic about house prices over the next 12 months, housing affordability remains the top worry, with 93% agreeing that ‘despite price falls housing affordability remains a big issue in Australia’. This … Continue reading

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