Archive | Research RSS feed for this section

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 }

Australia is being let down by poor public transport infrastructure

I have spent the last month travelling around Europe, visiting 12 different cities and the thing this has taught me is that Australia’s public transport is not up to scratch.  The question must be asked why do Governments continue to build more an more roads (usually toll roads these days) instead of providing real public […]

Read full story Comments { 5 }

Is Australian housing really that over priced

I’m writing this blog entry from an internet cafe in Riga, Latvia as I am lucky enough to be on a month’s holiday.  My previous stop was St Petersburg and my tour guide provided a very interesting insight into the local property market which I thought I’d share with you.  Of course these are just […]

Read full story Comments { 11 }
Auction results

The real deal with auction results

Last weekend was another stellar week for Australia’s auction markets.  The national weighted average clearance rate was 75 percent (the 14th consecutive week of national clearance rates being above 70 percent) and the total number of auctions across the country is still well above average:  there were 1,310 auctions held last week compared with the […]

Read full story Comments { 0 }
Property values with interest rates

What affect will higher mortgage rates have on the Australian residential property market?

If financial markets are anything to go by we are likely to see the cash rate lifted in both November and December bringing the official cash rate up to 3.75 percent and the average variable mortgage rate to around 6.5 percent (see the cash rate futures yield curve here).  Economists seem to be aligned with the […]

Read full story Comments { 1 }
Disconnect

Population growth is booming but housing starts remain at historic lows

According to the ABS, Australia’s population growth has hit the record books (again) with a net increase of 439,000 new residents over the year to March 2009. To provide some perspective, in raw numbers Australia’s population growth has never been this high.  In percentage terms, population growth hasn’t been this high since the baby boom. […]

Read full story Comments { 10 }