In a recent article by Nichola Saminather from Bloomberg, it was reported that Australia’s home prices are falling at the fastest rate in more than two years and may have a glut of properties. The country is also set for a similar US-style crash. The article can be viewed by clicking on this link. Let’s [...]
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The Reserve Bank of Australia has put interest rate on hold – at 4.75% today in their monthly meeting in this afternoon. Citing global uncertainties in Europe and US coupled with weak market sentiments, Glenn Stevens, Governor of the RBA said the move ‘prudent’. It looks like there will be no further change in interest [...]
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Last week, I got a call from someone who professes to be an expert in property investment. He asked me ‘when is the best time to invest in properties in Melbourne?’ I haven’t had this question from anyone for a long time. Most investors know the answer and I like to show you a chart before I get on to the answer.
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