Finance property and renovation blog Australia

Welcome to the resi blog, your source of financial and property news and home renovation ideas by our guest writers to keep you informed in the latest trends on property and finance in Australia.

Property Market Information: Business as usual for RBA's cash rate

By the resi financial blog team, 05 March 2015

Property Market Information: Business as usual for RBA's cash rate

Mortgage rates can be unpredictable - even when they are at their most consistent. Amidst flying speculation, The Reserve Bank of Australia (RBA) announced its decision to keep the official cash rate steady at 2.25 per cent on March 3, with house prices weighing heavily on their decision.

Governor Glenn Stevens pointed out that declining commodity prices and the fluctuating Australian dollar would still play a part in the decision to trim interest rates even further, the flip side of their decision is burgeoning home values, especially in Sydney. 

"The Bank is work ...

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Home renovations blog: Maximising the multipurpose room

By the resi financial blog team, 04 March 2015

Home renovations blog: Maximising the multipurpose room

It pays to keep a future sale in mind when renovating your investment property. In any case, as your family grows, you want your home to adapt. As such, you might want to think about how to create flexible, multipurpose areas that will appeal to a broad audience - and this is especially important if your property is a little short on space. 

Trends and design fads provide a useful guide to what potential buyers might like, but think about renovating in more broad terms. Following crazes too carefully can sometimes limit your pool of buyers. Of course, there are times whe ...

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Market/Finance News Blog: Switching up Australia's foreign investment policy

By the resi financial blog team, 03 March 2015

Market/Finance News Blog: Switching up Australia's foreign investment policy

Offshore investment is a big driver behind the Australian economy. Not only does it help development, but it supports the residential and commercial property markets, creates jobs, bolsters profits and keeps up a healthy level of construction. 

However, with interest rates plummeting and a low Australian dollar, the Federal Government has released plans to strengthen the policy framework surrounding foreign investment in residential real estate. Prime Minister Tony Abbot and Treasurer Joe Hockey noted that the framework needs to tighten around compliance and enforce ...

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