News

If you’ve ever used Apple’s weather app, you know that forecasts can be wrong. Looking out the window at a hail storm while a radiant full sun emoji backed by a bright blue sky stares back at you on your screen, you realise that sometimes, even the experts get it wrong. Such is the case...

In Sydney, everyone knows someone who moved to the coast or country during the pandemic. The sea-change/tree-change phenomenon had an incredible impact on the housing market, causing prices to soar in regional areas. But it also caused a population reshuffle across Australia, as tens of thousands left capital cities in search of more space and...

The Reserve Bank of Australia (RBA) has increased the official cash rate for the 11th time in the past year, taking it to 3.85%. Have we finally reached the peak of this cycle? And how much will this latest rate hike increase your monthly repayments? In what will undoubtedly be tough news for many households...

As property prices start to climb, listings are following suit. So if you’re hunting for a home, what does this mean for you? If you’ve been looking at the property market over the last six to 12 months, you probably already know that while property prices have dropped, it’s been a case of slim pickings...

You’ve probably heard the term “fixed-rate cliff” bandied about in finance news feeds. But what is it? And if you’re about to head over it, how can you prepare for a soft landing? A staggering 880,000 fixed-rate loans are set to end this year, and when they do, many Australian households will be facing significantly higher...

Everyone’s rock bottom is different. Some, for instance, consider eating a bag of Smarties in bed for dinner on a Thursday while re-watching season 10 of Below Deck to be a sign of success. For others, socks and sandals unite as evidence of elite status. But when it comes to Sydney’s property market, some economists...

And … exhale. After 10 straight rate hikes the Reserve Bank of Australia (RBA) has today decided to put the official cash rate on hold. But for how long? The decision to keep the official cash rate at 3.60% will be welcomed by homeowners around the country after monthly repayments increased by about $1000 per...

Six months ago, Sydney recorded an auction clearance rate of 55% amidst a fall in property values and a rise in interest rates. Last week, that number rose to 90% in the Hills district and around 80% in the Eastern Suburbs. How and why? In the wise words of Usher, ‘it’s called the U-Turn.’ Though...

In a bid to bust inflation, the Reserve Bank of Australia (RBA) has been on a rate rise run that’s seen the official cash rate go from a record-low of 0.10% to 3.60% in just 10 short months. Along the way, we’ve seen property prices across Australia decline. As rates rose, Australia saw the largest...

They say that the first 48 hours is the most likely window to find a missing person, but can the same be said for missing money? If the collapse of US-based Silicon Valley Bank (SVB) is anything to go by, the answer is no. On the 8th of March, SVB published a statement saying it...