A Welcomed Reprieve
12
Dec
The Reserve Bank of Australia (RBA) in a welcomed move has cut the official cash rate (OCR) by .25 per cent to 4.25 per cent at its December board meeting.Deteriorating global economic conditions have made it appropriate for the RBA… Read More »
Official Cash Rate Cut
17
Nov
The Reserve Bank of Australia (RBA), in a welcomed move, has cut the official cash rate by one quarter of a percentage point at its November board meeting to 4.50 per cent. For borrowers, this rate cut is extremely beneficial,… Read More »
First Home - New Home Scheme
27
Sep
From January 1, 2012, first home buyers in New South Wales will no longer be able to avoid paying transfer title charges on existing homes under $600,000. From 1 January 2012 First Home Plus exemptions and concessions will be replaced… Read More »
Market and interest rates
12
Aug
Aussie Market finished up 1.2% today (rallied 6% in the afternoon) and Banks cut 60bp from their fixed rate loans. ………..GREAT TIME TO BUY!!!!................... Read More »
Next Rate Move May Be Down
18
Jul
Westpac Bank have just released its monthly Bulletin and forecast that the next rate move by the RBA will likely be down. Westpac Chief Economist Bill Evans is predicting the RBA will cut rates by 1 full percentage point during the… Read More »
Expectations For The Ensuing Winter Trading Months Are Good...
27
Apr
In a statement earlier this month, our Chairman Brian White said expectations for real estate activity in the winter months have been enhanced by stable interest rates in Australia. He believes the month of March has traditionally been a key… Read More »
Building Approvals Set To Rise
04
Apr
New South Wales is set to record its highest level of new housing activity in eight years during 2011 as first-homebuyers and upgraders return to the market, economic growth picks up and interest rates subside. Economic forecaster BIS Shrapnel forecasts… Read More »
New Tenancy Legislation
31
Jan
The most significant legislative modernisation to tenancy in over 20 years comes into effect this week with the rental landscape in New South Wales set to change for both landlords and tenants. According to Ray White, the largest property management… Read More »
Happy New Year from Ray White Lane Cove
06
Jan
Did you know the auction clearance rate for 2010 was 78%? We look forward to another prosperous year ahead. View our listings or contact our sales executives for upcoming properties for sale. Read More »