News

10 Sydney property market predictions for 2020

Australia’s most-talked-about property market, Sydney, looks to be heating up at the moment, with a 5% gain in median home values over the three months to 31 October 2019.

By William Jolly ● November 21, 2019

Fixed-rate home loans remain unpopular

New data has revealed demand for fixed-rate home loans stalled in October despite record low rates.

By Alex Brewster ● November 21, 2019

Commbank, Westpac predict the next rate cut will occur in February 2020

Major banks Westpac and Commonwealth Bank have held their view that the next Reserve Bank rate cut will occur in February next year, after the central bank released the minutes of its November cash rate meeting yesterday.

By William Jolly ● November 20, 2019

Pet-friendly properties a top priority for home buyers looking for fur-ever home

Over half of Aussies place more importance on the pet-friendliness of a home rather than its proximity to family and friends.

By Emma Duffy ● November 20, 2019

MyState Bank axes savings account rate

Non-major bank MyState has cut the maximum interest rate on its Bonus Saver savings account by 25 basis points to 2.00% p.a.

By Alex Brewster ● November 20, 2019

Raiz accuses Commonwealth Bank of “threatening fintech customers”

Popular micro-investing app Raiz Invest has slammed Commonwealth Bank for warning its customers against linking their bank login details to third-party services such as Raiz Invest.

By Dominic Beattie ● November 19, 2019

Rising energy costs a major concern for 96% of Australian households

As we head into summer, Australians are growing increasingly concerned about rising electricity costs – but our misuse of air conditioners could see us racking up more than $1,000 in wasted electricity.

By Emma Duffy ● November 19, 2019

Population growth stifles housing affordability

While the recent property downturn improved asking prices and serviceability, affordability in Sydney and Melbourne remains an issue due to high population growth.

By Alex Brewster ● November 19, 2019

ING has the highest retail bank satisfaction

New research has found ING has the highest customer satisfaction among retail banks, while Commonwealth Bank ranks the highest among the major banks.

By William Jolly ● November 19, 2019

Australians not buying houses until much later in life

A new report has found Australians are delaying the purchase of a home, potentially leading to a greater risk of vulnerability at an older age.

By Alex Brewster ● November 18, 2019

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