The number of home loans approved fell the most in five months in July, underscoring ongoing weakness in the nation’s housing sector. The number of loans dropped 1 per cent to 44,804, lower than a downwardly revised 45,278 in June, the Australian Bureau of Statistics reported. Economists had expected housing finance commitments to be flat in July.
Spring is the time of the year when the trees bloom and the home environment needs fresh and proper cleaning after a long cold winter. Spring, indeed, has always been by tradition the most appropriate time of the year to do a thorough “Spring Clean”. However, as you can see, there is much more than just home cleaning that you can and should do in Spring.
Bigger grants for new home purchases may fail to revive Queensland’s ailing construction sector, the Real Estate Institute of Queensland (REIQ) says. The Newman government’s first budget will more than double the grant for first home buyers who purchase new properties, to $15,000. But it will scrap a $7000 grant
Interestingly I came accross an article that gave me the challenge of working out, how much do I have to save / mth if I want $1M in savings in 20 years time.
A BIG chunk of Australia’s 1.75 million real estate investors could earn themselves thousands of extra dollars each year by taking a closer look at their tax deductions. It is estimated at least half of investors do not claim all possible depreciation-related deductions. For a new, median-priced house, these can
With DIY electrical and plumbing work, it’s more about what you can’t do than what you can. The law is black and white when it comes to working on the electrical and plumbing systems in your home.
I strongly agree with the move by the RBA to put a STOP on over charging on creditcard fees and the below link, which you need to copy and paste into your web browser, is an article from Courier mail ‘online’ which provides more info on this subject.
Real Estate Institute of Australia (REIA) President, Ms Pamela Bennett says the June housing figures released today by the Australian Bureau of Statistics (ABS) show there’s been little response to the interest rate cuts of May and June. Housing finance figures for June 2012 show, in trend terms, that the
Having picked up in the early months of 2012, growth in the world economy has since softened. Current assessments are that global GDP will grow at no more than average pace in 2012.
New home sales edged up for the third straight month in June following the Reserve Bank’s most recent interest rate cut in the same month. The Housing Industry Association’s new home sales report showed a 2.8 per cent rise in new home sales, driven by a 15.7 per cent surge
We will never assist you with debt if we assess this is likely to put stress on the family finances or place you in an unsafe financial position.
Austral Lending Solutions are an Accredited Finance Broker and members of MFAA
We are proud members of the Astute Financial Management Group
