Archive | November, 2009

What to do, what to do about affordable housing and supply?

There was some very interesting commentary this week on the state of the property market.  Firstly, Ric Battellino the Deputy Governer of the Reserve Bank gave a speech on myriad of issues including dwelling supply at the national Housing Supply Conference in Melbourne this week.  His comments agreed with the consensus (yours truly included) that […]

Read full story Comments { 5 }
Cash rate vs mortgage rate

Is the Australian banking system really competitive?

The Reserve Bank of Australia’s Assistant Governor Guy Debelle stated this week that there was enough competition in the Australian mortgage market to limit profit taking by the major banks despite increases in margins for personal and business loans. It was an interesting comment given that the financial sector today only has four primary players […]

Read full story Comments { 0 }
Fertility rate over time

How to manage our population boom?

Australia is going through a baby boom.  Over the last year 293,600 babies were born in Australia; an absolute record number of new arrivals.  At the same time, Australia is recording the highest level of overseas migration on record.  The steep ‘natural increase” (ie births minus deaths) and the rate of overseas migration have combined […]

Read full story Comments { 2 }
Variable mortgage rate last ten years

Housing affordability likely to move back onto centre stage.

The decision from the Reserve Bank to raise interest rates by a further 25 basis points has been met with mixed reactions.  First home buyers and low income households are going to feel the pinch the most, as are those mortgage holders that managed to stretch their budgets too thinly without allowing for the time […]

Read full story Comments { 0 }