property boom

An Australian man is knuckling down as his mortgage repayments are set to double by June this year to an eye-watering $110,000.Steven De Celis owns a $2 million home in the plush Sydney harbourside suburb of Haberfield but is haemorrhaging…

After 10 consecutive interest rate rises by the Reserve Bank of Australia (RBA), an unlikely loser has emerged.While mortgage holders have been hit hard since May last year when the RBA began hiking the official cash rate, there has been…

Amid rising levels of global uncertainty and the largest relative rise in mortgage rates in Australian history, there is one question households across the nation are asking. Will house prices crash?In the last release of the national…

An ordinary family have opened up about how they led a “secret double life” that scored them a property portfolio worth $5.2 million. In their spare time, Justin Zhu, 36, and his wife Ning, 35, have been investing in property – on top of…

The performance of Australian central banking has soured for more than a decade. Before the Global Financial Crisis, forecasting and monetary policy seemed to run itself. Inflation was largely quiescent, exports were driven by China, and…

The Reserve Bank of Australia (RBA) predicts that property prices will plunge by a whopping 20 per cent thanks to back-to-back interest rate rises. By 2024, house and unit values are expected to lose a fifth of their value – all but wiping…

An Australian renter is distraught over receiving legal letters from her landlord after being embroiled in a year-long battle trying to buy the property she currently resides in. Last year, news.com.au reported on a Queensland woman who…