|April 2009||News Article|
Real estate agents attack HIA
A proposal by the Housing Industry Association to increase the first-home-buyers' grant for new homes to $30,000 "is nothing more than a blatant grab at taxpayers' funds", according to the president of the Real Estate Industry of Australia, David Airey.
Lack of rental investment keeping rents high
Rents are remaining high in the economic crisis because of lack of housing investment.
First-home-buyers boost to end, PM says
The extra $7000 for first-home buyers will end as scheduled on June 30, Prime Minister Kevin Rudd says.
Please explain, banks asked
The increase in fixed rates by two of the largest lenders in the home mortgage market has been condemned.
Lending for new homes rises
Lending for new homes rose for the fifth consecutive month in February 2009 thanks to a rise in lending for new dwellings.
Rates now at lowest for 49 years
The Reserve Bank cuts interest rates today (7 April 2009) by 0.25 percentage, defying economists' predictions.
Housing prices to hold up, bank says
Housing prices will continue to hold up in Australia better than the rest of the world, according to the Reserve Bank.