John McGrath – Biggest migration surge in history impacting the market
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are definitely seeing the impact of increased migration and a return of foreign investors in the property market this Spring season.
If short-stay incentive puts a roof over one family’s head, that’s a positive: REIWA CEO Cath Hart
REIWA CEO Cath Hart said the $10,000 short-stay incentive scheme announced by the Cook Government today could provide some welcome assistance to the heated rental market.
Rate hike set to take heat out of housing market - CoreLogic
The decision to lift the cash rate by 25 basis points after four months of pauses is likely to disrupt confidence and take some further heat out of the housing market rebound.
The Agency's Managing Director and CEO Geoff Lucas said as suggested over the past few months, today’s 25 basis point increase is an appropriate and timely response by the RBA.
Interest rates increased today by 0.25 per cent. It won’t help fuel prices or electricity costs, it will prolong the rental crisis, worsen housing supply and further push up house prices.