Tag Archives: Economics

RBA Cash Rate Decrease Now “47% Likely” – Financial Markets

With Australia’s housing crash officially dubbed “the worst since the GFC”, financial markets have started pricing assets on the ASX with a 47% likelihood of an RBA cash rate decrease of 25 basis points (down to 1.25%). This would break the record for the lowest inter-bank cash rates on record, with the previous record being set at 1.5%, the current

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October brought 2.6% housing finance increase and overall surge

Investor loan commitments saw a 0.6% increase, the first since February First-home buyers rose to 18.1% of all loan approvals Loans for newly-built dwellings behind much of the surge While the real estate sector has weathered a difficult 2018, a look back can often show a silver lining – as is the case here. The arrival of spring often heralds

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11th Hour Rush – November Listings Spike by 26,605, 7.9%

Property listings spike to highest level since 2009 in Sydney National listings jumped 7.9% in November to 361,619 from 335,014 in October Sydney +7.5% Melbourne +11.6% Brisbane +8.4% Perth +9.7% Adelaide +11.8% SQM Research has released a report showing that a last-minute rush-to-market listings spike has hit the nation, with some 26,605 new listings going live between October & November

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