The Reserve Bank has kept interest rates on hold.The move was expected after the Reserve Bank governor, Glenn Stevens, recently indicated he is comfortable with lending rates at the moment. Rates will remain at 4.25 per cent.   "We may… Read More »

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 »

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 »

"With incomes rising, a shortage of housing and the pressure off interest rate rises in the short term, the fundamentals are signalling increased home buying in Sydney through 2011."  Dr Andrew Wilson, Senior Economist for Australian Property Monitors, as quoted… Read More »

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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 »

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 »

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 »

Due to current flooding and weather conditions in Brisbane, electricity to the Ray White Group Head Offices in Brisbane has been temporarily shut down. Unfortunately our email server is operated from that office and is now out of action. This… Read More »