Good news for renters: Rent prices are finally showing signs of stability across the country.
Read more: https://tinyurl.com/4bkhcdv9
Category Archives: Global
Luke Woodward returns to ACCC as new commissioner
The Australian Competition and Consumer Commission (ACCC) has announced the appointment of Luke Woodward (pictured) as commissioner for a five-year term, commencing Oct. 10.
Read more: https://tinyurl.com/3549vpzp
Holiday home or investment property? Experts reveal the smarter summer strategy
With the holiday-letting season approaching, property investors are facing a key question — whether to buy a holiday retreat for personal use or a pure investment property that maximises returns.
Read more: https://tinyurl.com/2p8ybm33
‘Terrible effect’: Sydney unit rents hit a record high $750 a week
The cost to rent the typical Sydney property is at a record high, and unit rents are rising while house rents flatline as some tenants seek more economical options.
Read more: https://tinyurl.com/2a3k2br5
‘Pretty intense for tenants’: Melbourne rents at record highs
Melbourne landlords are asking record high rents for the city’s typical unit, at $25 a week more than this time last year.
Read more: https://tinyurl.com/pvm5sftz
‘Extraordinary’: WA’s rental prices turn new leaf but ‘it’s still a landlord’s market’
Perth has recorded its first steady quarter in over a year for rental prices, with the median weekly cost for houses remaining stagnant at the record peak of $700 per week.
Read more: https://tinyurl.com/zjzye92a
New AF360 CEO aims for $50m in monthly settlements in next three years
Shannon Weaver brings big ambitions as he settles in at the helm of Australian Finance 360, the latest majority acquisition in Aussie private equity firm Recludo Group’s portfolio.
Read more: https://tinyurl.com/55d7ewzf
Expanded home guarantee drives first-home buyer surge in booming suburbs
Australia’s property boom continues as 110 suburbs remain within reach for first-home buyers under $40k deposits through the expanded Home Guarantee Scheme.
Read more: https://tinyurl.com/bdfmh82f
Gold zooms past US$4,000 for first time in historic flight to safety
Gold raced past US$4,000 an ounce for the first time on Wednesday as investors piled into a historic rally in the safe-haven asset to hedge against global economic and geopolitical uncertainties, while also betting on U.S. interest rate cuts.
Read more: https://tinyurl.com/35nk436a
Pigeons turn Sydney house into $7k damage disaster
A Sydney home has become a grim cautionary tale for property owners, revealing the shocking financial and structural damage that can occur when pest infestations are left unchecked.
Read more: https://tinyurl.com/2s4hr6m6