When will the Market Reignite?

The Australian Prudential Regulation Authority (APRA) is an independent body that supervises banking institutions and has been a useful tool for the Reserve Bank of Australia (RBA). 2 years ago the RBA board knew that the housing market was overheating in both Melbourne and Sydney. But nowhere else in the country was the housing market […]

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Auctioneers flout pass in laws

With the advent of lower clearance rates, we are seeing more auctions ending in a pass in. A “pass in” occurs when the bidding at an auction does not reach the vendor’s reserve and, as such, the auctioneer having failed to illicit a high enough bid, passes the property in and according to the rules […]

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Reserve Bank freezes cash rate

After the 20th month of no change to the cash rate, we are now in a new era for the Reserve Bank. Since rates have been examined on a month to month basis, we have not gone this long unchanged. And with every major economic forecaster and the RBA Governor himself, predicting no change on […]

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