Past News

Progressive mortgage broking franchise, MoneyQuest, has today called on first home buyers to not delay entering the housing market in the hope that prices will soon fall. According to MoneyQuest Managing Director and finance industry leader, Michael Russell, there are fewer first home buyers entering the market than ever before. ‘In the past couple of Read the full article…

Progressive mortgage broking franchise, MoneyQuest, today formally announces the addition of an exciting new lender to its panel. After a comprehensive market review, MoneyQuest selected Universal Finance as its preferred motor and asset finance provider. According to MoneyQuest Managing Director and finance industry leader, Michael Russell, the market is littered with motor and asset finance Read the full article…

Many young Australians are complaining about Sydney’s unaffordable house prices, but a little-known tax strategy is actually helping a select few of these millennials amass multiple properties. Dubbed as the “six-year rule,” this strategy allows first home buyers to become a rentvestor, claim negative gearing benefits while receiving income from a tenant, and sell for Read the full article…

The sale of new homes in Australia has moved past its peak according to figures released last week. After increasing in March, the latest New Home Sales Report from the Housing Industry Association (HIA) has revealed that new home sales declined 4.7% during April. The monthly fall was driven by a fall in sales across Read the full article…

NEW SOUTH WALES Sydney investors look afield for more bang for their buck While the phenomenon of the Sydney market has held the fascination of investors for several years, some of its neighbouring regional centres have been quietly strengthening their position as property hotspots In terms of annualised growth, there’s no denying the list of Read the full article…

First home buyers continue to “languish at near record-low levels” as wages grow at their slowest pace in almost 20 years. Looking at wages growth between December 2008 and March 2016, data from CoreLogic RP Data shows that wage growth has been less than half that of cumulative house price growth over the same period. Read the full article…

With about one out of four developments bought by foreigners, it is possible that sales of new residential properties to offshore buyers could be much higher than what local banks estimate, according to ratings agency Fitch Ratings. This could raise risk for banks and the economy. Fitch Ratings’ Andrea Jaehne claims that there was an Read the full article…