Latest news headlines
| 23/09/2008 - An eye on the market with Helen Lowing, Licensee-in-Charge Branxton & Vineyards Real Estate |
| The recent 0.25% cut in official interest rates announced by the Reserve Bank on the 2nd September, 2008 is set to reignite the stagnant New South Wales property market. According to Steve Martin, the President of the Real Estate Institute of New South Wales, the first official cut in interest rates in almost seven years heralded terrific news for the New South Wales real estate and property sector. Mr Martin commented on the interest rate cut saying that it was the first step in terms of getting momentum back into the New South Wales property market and would ease pressure on investors... |
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| 27/02/2008 - News & Gloom |
| Mortgage Industry Braced for Increased Funding Costs (Tuesday, February 26, 2008) Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw poll. A conclusive 73 per cent of respondents expect the cost of funding to worsen, while 17 per cent believe it will remain the same. Only seven per cent of straw poll respondents expect an improvement. Professor of Finance at the UNSW’s Australian School of Business and editor of the Journal of Banking Finance Fariborz Moshirian believes the industry’s expectations are realistic in the... |
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