Rhys Prka

Spending in CBDs on the rise

" Spending in CBDs on the rise

Spending across CBDs in capital cities increased by an average of 22.4 per cent nationwide over the last six months as workers graduall…
eCommerce growth provides strong tailwinds for industrial property

" eCommerce growth provides strong tailwinds for industrial property

National investment volumes in industrial real estate have risen to a decade-high, reaching $8.8 billion in 2020, up from $7.7 billion in 2019.
RBA Governor warns of house price boom

" Auction market booming as clearance rate hits 80pc in March quarter

Hungry buyers gobbled up 80 per cent of the 19,004 homes taken to auction across the combined capital cities in the first quarter
More challenges on the horizon for hotel and tourism sector

" More challenges on the horizon for hotel and tourism sector

COVID-19 has imposed a heavy burden on Australia’s tourism and hotel sectors, with more challenges on the horizon.
Investors bullish on Perth and Brisbane property market

" Investors bullish on Perth and Brisbane property market

A new survey has shown that home market sentiment is strongest amongst property investors in Perth and Brisbane.
RBA policy meeting: Cash rate held, bank support expanded

" RBA to “carefully” monitor home lending, puts banks on notice

The banking sector has been put on notice by the Reserve Bank of Australia (RBA) as it keeps a close eye on rising
“Expat factor” fuelling sky-high property sales

" “Expat factor” fuelling sky-high property sales

The return of expats is adding to sky-high property sales across the nation, according to the Property Investment Professionals of Australia (PIPA).
COVID-19 allows investment scams to flourish, ASIC reports

" ASIC bans the sale of binary options to retail investors

Australian Securities and Investments Commission (ASIC) has made a product intervention order banning the issue and distribution of binary options to retail investors.
House prices soar at fastest rate in 32 years

" House prices soar at fastest rate in 32 years

Home prices have soared over the past month, booming at the fastest rate in 32 years.
Investor resolve unshaken in the housing sector as growth continues

" Investor resolve unshaken in the housing sector as growth continues

New Australian Bureau of Statistics (ABS) data shows the value of new loan commitments for investor housing is continuing its growth hot streak.