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Posts Tagged ‘loans’
WA Property Market Update – March 2023
March 24th, 2023Wouldn’t you just know it – as if the lasting impact of the COVID pandemic on the economy wasn’t disruptive enough, another layer has been added. Recent events in the US banking sector have amplified prevailing uncertainty and brought about accelerated change here in Australia. As with other disruptive factors such as interest rate risesread more
WA Property Market Update – February 2023
February 22nd, 2023Unless you’ve been living under a rock, you’ll be well aware of the continued rate rises from the Reserve Bank throughout 2022 and into 2023. While this is expected to happen at least a few more times over this year, many commentators suggest that it’ll subside after a few months. Once it does, we mayread more
WA Property Market Update January 2023
January 27th, 2023Happy New Year! Throughout 2020, 2021 and 2022, the COVID-19 pandemic impacted economies and markets across the world in very different ways. In that time, however, the WA property market performed well. Median house prices rose from $485,000 to $545,000 (+12%), with a lack of supply being the major driver of this. We’re continuing ourread more
WA Property Market Update December 2022
December 23rd, 2022The end of the year is upon us! And with that, we wave goodbye to a year full of challenges, optimism, opportunities, and everything in between. In the property market, we’ve seen the market turn from strong value growth to a noticeable cooling off – prompted largely by consecutive interest rate rises courtesy of theread more
WA Property Market Update October 2022
October 21st, 2022Welcome to the October 2022 edition of our WA Property Market Update. This month, it’s a familiar theme – interest rates are up again, the market appears to be cooling slightly, and the general economic and property outlook is uncertain at this stage. What is noteworthy, however, is the fact that the Reserve Bank ofread more
WA Property Market Update September 2022
September 14th, 2022The more things change, the more they stay the same. We’re kicking off the September 2022 edition of our WA property market update with another nod to rising interest rates. The RBA predictably increased the cash rate again since our last update, up 0.50% to 2.35%. The full impact of this won’t be clear untilread more
Action Items to Navigate a Tough Economy
September 9th, 2022There is a lot going on at the moment that is contributing to increased pressure and stress on household budgets and businesses alike. With rising inflation prompting several interest rate rises and increased cost of living pressures, many Australians are looking for practical, actionable ways to improve their situation. Here we have some action itemsread more
WA Property Market Update August 2022
August 26th, 2022As predicted, the Reserve Bank Australia (RBA) has further increased the cash rate to 1.85% in August, with a view to keeping rising inflation in check. According to the RBA, inflation is set to peak later this year, before returning to its normal 2-3% pa range. But while households feel the pinch of the risingread more
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