According to the trillion dollar markets, you are more likely to see a rate cut than a rate hike, in the next year or so.
In fact the market is betting a 0% chance of a rate hike during that time: http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdf
currently, a 15-year...
Sydney is NOT considered to be in a bubble according to this independent report.
Melbourne (and somehow Perth) will drag us down. Big time.
Well we live in an interconnected world. It's going to rattle the global financial markets.
Our banks source a lot of money for funding their loans, from overseas wholesale markets. That's because internal Australian deposits and savings are massively insufficient to fund Australian loans...
Young people planning to save money by spending a few years living in a Sydney sharehouse are in for a shock.
In the past five years the average price of renting...
Apparently, not even APRA can stop the Sydney boom.
"Surging home prices in cities including Sydney are unlikely to be affected by the banking regulator’s efforts to curb mortgage...