Tag Archives: TRADE

RBA reveals: Is the cash rate staying on hold? The fall in the official unemployment rate to 5 per cent helped by above-trend economic growth is good news. But the slide in home prices in Sydney and Melbourne risks accelerating as banks tighten lending standards which in turn threatens consumer spending and wider economic growth and inflation and wages growth remain low. Against this backdrop, it remains appropriate for the RBA to leave rates on hold.

The Reserve Bank has today announced if it will keep Australia’s official cash rate at record lows for another month.  As widely predicted, the RBA has today left the official cash rate on hold at 1.5 per cent. Australia’s top … Continue reading

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Changes to negative gearing and capital gains tax are now “much more likely

Results of a study released earlier this month show that removing negative gearing would cut home prices by 1.2% and increase rents only slightly. An earlier study done in 2016 by the Grattan Institute found that getting rid of negative gearing and the 50% … Continue reading

Posted in Australia, Banking, Brisbane, ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, Empowerment, family, finance, Foreign Investment, LJ Gilland Real Estate Pty Ltd, ljgrealestate, maintenance & roofing, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate, rentals, rentals sales, sales | Tagged , , , , , , ,

Brisbane median house prices eased in the March quarter, falling 2.9 per cent, alongside a similar fall in quarterly apartment prices, which contracted 2.7 per cent

Posted in Australia, Brisbane, ECONOMIC OUTLOOK, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance, MT ISA, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate, rentals, rentals sales, spanish Argentina Korea India United Kingdom USA Asia Japan Hong Kong | Tagged , , , , , , ,

According to this report, Prices were being driven higher by a temporary influx of residents on high incomes creating greater housing demand at a time in which supply which was largely irresponsive which drove prices to record high levels. As the demand subsided supply was beginning to increase which led to substantial falls in both prices and sales.

As resource investment has stalled over recent years, demand for housing in towns linked to the mining and resources sector has fallen which has dragged house prices lower.  More recently many of these towns have seen sales volumes begin to … Continue reading

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Logan City Council has declared Springwood as its first Economic Development Zone

Logan City Council has declared Springwood as its first Economic Development Zone, offering developers one million dollar discounts on infrastructure fees in a bid to transform the suburb into a business powerhouse. The discount incentive is one of a number … Continue reading

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Brisbane (up 3.0 per cent) What are the implications for interest rates and investors?

  Home prices Home prices: The CoreLogic Home Value Index of capital city home prices rose by 1.0 per cent in September to stand 7.1 per cent higher over the year. Prices rose in all capital cities except Perth and … Continue reading

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Tourism, education key to India-Aust trade

Tourism, education key to India-Aust trade As Australia looks to hitch itself to another rising Asian superpower, economists warn it needs to look beyond its traditional strengths in the mining sector. After successfully reaching trade deals with China, Japan and … Continue reading

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