The Real Estate Institute of Victoria has welcomed significant road and rail infrastructure investment by the State Government, which will drive growth in areas further from the city. REIV…
Melbourne celebrated a stunning result on its first spring Super Saturday of the season, with the auction market tracking at its highest since the boom-time spring of 2009. Melbourne recorded a clearance rate of 83.7…
At the RBA meeting today, the Board decided to leave the cash rate unchanged at 1.50%. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Actions by Chinese policymakers have been supporting growth, but the underlying pace of growth in China has been moderating. Inflation remains below most central banks’ targets.
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The spring auction season has started with a bang, with the capital cities recording the year’s highest national clearance rate at the weekend. Despite a fall in the number…
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