December 2014

Property Market Information: New Sydney plan offers to boost city growth

By the resi financial blog team, 24 December 2014

Property Market Information: New Sydney plan offers to boost city growth

A new plan released by New South Wales Minister of Planning Pru Goward offers some insight into the future development of Sydney. The Plan for Growing Sydney outlines a number of key points that will help develop the city and keep up with the demands of a rising population. 

Ms Goward said the focus will be on both developing amenities - such as health care, education and public transport - and aiding the growth of housing supply across the nation. These are essential aspects of a metropolitan area that will contribute significantly to the future of the city and state's e ...

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Market/Finance News Blog: Home renovations on the rise nationwide

By the resi financial blog team, 24 December 2014

Market/Finance News Blog: Home renovations on the rise nationwide

A recent release from the Housing Industry Association (HIA) offers some insights into the developing renovation market being seen across the nation, which could be interested for anyone looking into taking out a home renovation loan of their own in the near future. 

The Renovations Roundup highlights the recovering renovation market, which suffered during the global financial crisis. Over the last few years, people were weary of beginning home renovations, with the possibility of losing mone ...

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Taking steps to manage debt

By the resi financial blog team, 24 December 2014

Taking steps to manage debt

There has been some talk that the next direction for interest rates will be down – but that shouldn’t lull you into thinking you can start spending more.

Any reduction in interest rates is welcomed by borrowers, and with rates at historic lows, it is easy to forget that they can also rise. But it’s important to be prepared for that eventuality. Any borrowers who have overextended themselves will run into difficulties once rates rise again.

Preparing for a rate rise comes down to having debt management strategies in place. 

One o ...

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