. . . . . Australia's recent housing market weakness has been attributed to a lack of demand, and not a glut of new supply coming onto the market, says the nation's largest mortgage lender.......
. . . . Twenty years ago about a quarter of Australians 27 per cent rented, but this figure has increased as the number of Australians owning their own home has fallen.......
. . . Property analysis firms SQM Research, Domain and CoreLogic, AMP Capital chief economist Shane Oliver who was one of the first to tip the big downturn, BIS Oxford Economics, ANZ, and the Reserve Bank of Australia.......
. . . . . While much has been made of Australia's $7 trillion housing market bottoming out in 2019, strong auction results, improving access to finance and interest rate cuts has prompted forecasts that the trough may be brought forward.......
. . . . Lower housing values are becoming increasingly attractive to first home and prospective buyers previously priced out of the market.......
. . . . Nationally, first home buyer activity declined 5.8 per cent over the 12 months to December 2018, while softening markets New South Wales and Victoria saw first home buyer activity increase by 2.......
. . . The Reserve Bank has cut the official cash rate for the second month in a row to a fresh record low of 1 per cent as it desperately tries to pump some juice into Australia's stalling economy.......
. . . . . The number of homeowner's behind on mortgages have climbed back to 2010 levels, although the Reserve Bank says this does not pose a risk to the financial system.......
. . . An eco-tourism experience will see visitors sleep three metres beneath the ocean's surface in a new sustainable "floating" hotel planned for the Great Barrier Reef.......
. . . . Queensland Leads the Nation for Interstate Migration with - accidental millionaires - first home buyers - and economic refugees flocking north Queensland is the most popular state for interstate migration, overtaking Victoria for the top spot.......
