The main thing holding the RBA back from moving right now is weak household spending. That’s largely because of the huge debt burden households are carrying.
Investors in Australia’s banks — who are likely homeowners as well — need to think carefully about how exposed they are to this sector. Bank profits are built on Australian property.
REA ended the week by releasing its FY17 full year results. Revenue from continuing operations was up 16% to $671.2 million. But thanks to impairment charges, net profit was down 18.5% to $206.3 million.
Discussion of Aussie real estate tends to focus on Sydney and Melbourne. But for insight into what it could look like if it all goes wrong, look west.
The Reserve Bank of Australia (RBA) kept the cash rate at 1.5% on Tuesday; saying the Aussie dollar is high and it needs to fall to support the economy.
China has plan that will provide a growing market for trade. It’s the largest overseas investment plan ever launched by a single country.
In today’s Money Morning…the argument for keeping interest rates on hold in Australia…how much are rising house prices a burden on the economy?
Over the past five years, A-REITs have been a great investments for Aussies.But could that five-year run soon come to an end?
China announced plans for massive global infrastructure projects - The ‘One Belt, One Road' project will revive ancient networks of the silk trade routes.
Franchisees find land in a prime position, take out a lease and borrow funds for construction. They should be in the real estate business...