Will home prices continue to grow in 2025? The Reserve Bank of Australia’s decision to pull the trigger on an interest-rate cut will ripple across the entire economy – with clear winner and losers. RBA governor Michele Bullock announced today that the cash rate would be trimmed by 0.25 per cent, pushing it down to…
Investor borrowing slides, new home loans stay strong
The number of new loans for property investment declined last quarter, the first fall since the first quarter of 2023. However, data from the Australian Bureau of Statistics (ABS) revealed new home loans (excluding refinancing) rose for the third consecutive quarter. Across the December quarter 83,206 new home loans were approved, a 2.2 per cent…
Arbourwood Construction Update
Construction is progressing well on site at Arbourwood in Morayfield. This drone image shows the significant size of the site and how the road layout is now starting to take shape.
Mallee Grove Construction Update
Construction at Mallee Grove in Jimboomba is progressing well with earthworks, retaining wall construction and sewer construction all underway. The attached photo was taken by the team who had a drone on site to capture the construction progress.
February rate cut in sight as CPI data shifts market expectations
A February rate cut is looking more likely after the latest CPI data revealed a reduction in the trimmed mean CPI to 3.2 per cent, with three out of the four major banks tipping an imminent reduction is on the cards. Economists generally agree that the annual trimmed mean inflation of 3.2 per cent for…
Intergenerational wealth: Why it matters
Australia is about to experience a major shift in wealth. According to a report by JB Were, by 2034, an estimated $4.9 trillion will be passed down from baby boomers and their parents to the younger generations. Inheritances are expected to have reached $150 billion in 2024, more than double the amount in 2002. With…
Mallee Grove Construction Update
Clearing at Mallee Grove in Jimboomba is now complete. Construction has commenced and is progressing well onsite.
More pension management complexity
Running an SMSF is not an easy thing to do. Not only does it require a decent level of commitment to look after the investments of the fund, the compliance and administration obligations imposed on trustees are significant and can in certain circumstances be quite onerous. And trustees cannot take any of these responsibilities lightly…
Cost of land rises by as much as $120,000 in a year
The cost of land has jumped by as much as $120,000 in a year – up 21.2 per cent in one area where it now costs as much as the median home did just two years ago. Brisbane led the charge after rising 8.7 per cent in the September quarter, pushing the median price of…
Arbourwood Construction Update
Earthworks at Arbourwood in Morayfield are almost complete, with the installation of sewer infrastructure and retaining walls commencing shortly.