June Newsletter
In what was the biggest one-off rate hike in 22 years, this month the Reserve Bank of Australia (RBA) increased the cash rate to 0.85 per cent in order to curb skyrocketing inflation. Following the announcement, all of the big four banks passed on the rate increase in full, with some smaller lenders also following suit. As interest […]
May Newsletter
This month, the Reserve Bank of Australia (RBA) increased the official cash rate for the first time in more than 11 years. The move is likely to have huge implications for the housing industry. For one, lenders have already been passing on the cash rate hike to variable mortgage holders. There could also be other […]
Welcome to our April Newsletter
As the Easter eggs come off the shelves, some aspiring homeowners are shifting their focus from chocolate to securing a property during the busy Autumn buying season. If you’ve been struggling to break into the property market, it’s worth looking into the government’s proposed $8.6 million expansion of the Home Guarantee Scheme, which if elected, aims […]
March Newsletter
Autumn has arrived and what a wonderful time of year to turn over a new leaf with a property purchase. While national housing values are generally rising, the pace of growth has trended downwards since April last year, according to CoreLogic figures. CoreLogic director of research, Tim Lawless, said every capital city and broad ‘rest of state’ […]
Private Debt Panacea for COVID-ravaged Construction Sector
Australia’s construction sector is facing some of its strongest headwinds in recent years. COVID-induced labour and material shortages, combined with low margins and high-risk projects, have pushed many companies to the brink, with building giant Probuild succumbing to liquidation at the beginning of March. Owing more than $14 million to 786 employees, and with at […]
Australia’s Private Debt Market Trending Upwards
Private debt has set sail in Australia – and developers need to climb aboard. Despite its historically niche role, the private debt and bond sector is rapidly expanding, with a tenfold global increase over the last decade. In Australia, a confluence of COVID, the banking Royal Commission, and favourable economic conditions have resulted in a […]
How Private Lending Can Make Residential Developments Viable
Every residential developer knows that the two most difficult parts of a project are securing funding and keeping expenditure under budget. In 2022, with a construction sector racked by frighteningly strong headwinds, that first challenge – financing – is harder than ever. Delivering a project is no longer a sure bet, and banks aren’t as […]
February Newsletter
The property market is up and running, gaining momentum after the summer holidays. January is typically the quietest month for property sales, but activity across Australia was about 15% higher than January last year, and almost 40% higher than the previous five-year average. Although property prices have continued to rise, albeit at a slower pace, […]
January Newsletter
Hello 2022! We hope you enjoyed some quality time with family and friends over the Christmas and New Year break. In December, we saw auction activity go gangbusters, with capital city auction volumes through the roof. With more stock available, it may leave you in a better position to negotiate on price. If you’re planning […]
October Newsletter
It’s an exciting time for property owners, with Australian housing values continuing to rise in many markets. The rate of growth has slowed down of late, but is still well above average. Lockdowns continue to affect sales and listing volumes, but once restrictions are eased, activity is expected to recover quickly, as was the case […]
