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Rate cuts? Pencil them in for 2025

Put the party pies on ice and postpone those rate-cut celebrations for a while yet. The much-touted rate cuts we’ve been waiting for may not arrive until 2025. Here’s why rates could be staying higher for longer, and how to take action yourself. June saw the Reserve Bank of Australia (RBA) keep the cash rate...

First home buyers turn to Bank of Nan and Pop

Nan and Pop have always been good for birthday money, but one-in-10 grandparents are taking their generosity to the next level: helping their grandkids buy a first home. Most of us have special memories of pocketing a few treats from Granny and Gramps. But it turns out those small gestures of affection we knew as...

Almost 70% of Sydney suburbs are below their peak dwelling value

Would you believe us if we told you that despite the constant news cycle reporting record-breaking house prices, home values have actually only risen 2.8% across Australia since April 2022? Though surprising, that’s what CoreLogic uncovered in their recently published analysis comparing property market performance before and after Australia’s historic two-year rate hike cycle. Not...

Have The Block purchases been good investments?

Ask Adrian Portelli and he’ll likely tell you no – with a few colourful words thrown in for good measure. Over the weekend, the Australian entrepreneur sold one of the three Hampton East houses he purchased on The Block for $1,055,000 less than he paid for it just five months ago. Known as “Lambo Guy”...

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